Friday, 25 May 2007

Two-year JGB yield at decade-high on rate concern

(Reuters) - The Bank of Japan has said it expected prices to show a clear
uptrend in coming months and that the central bank would boost
interest rates in line with growth and price developments.




Since the BOJ ended its super-loose monetary policy in March
2006, it has raised interest rates twice to a decade-high 0.5
percent, and many market players expect a third rate hike to 0.75
percent as early as the July-September quarter.


Read more at Reuters.com Bonds News

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