Wednesday, April 25, 2007

JGBs track drop in Treasuries, 2-year auction eyed

(Reuters) - June 10-year futures dipped 0.07 point to 134.10, after falling as low as 134.02 in early trade, with a 1.3 percent gain in the Nikkei share average also weighting on JGBs.

The Ministry of Finance is selling 1.7 trillion yen of two-year JGBs with a coupon of 0.9 percent, the highest since last July.


Read more at Reuters.com Bonds News

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