Thursday, 21 June 2007

JGBs fall on overseas bond slide, weak auction

(Reuters) - Bonds extended their losses after an auction of 20-year JGBs
by the Ministry of Finance met with slightly weak demand as
investors remained wary that yields will continue to rise.




"Upward pressure on U.S. and European yields is continuing,
so it's also difficult to buy JGBs," said Akihiko Inoue, a market
analyst at Mizuho Investors Securities.


Read more at Reuters.com Bonds News

No comments: