Thursday, 28 June 2007

JGBs reverse gains on Nikkei recovery, data in focus

(Reuters) - Market players largely brushed off data showing a surprising
drop in industrial output as many are awaiting consumer price
data on Friday and the Bank of Japan's quarterly tankan survey on
Monday for clues on whether the central bank could raise rates as
early as August.




The BOJ is widely expected to boost interest rates by 25
basis points to a 12-year high of 0.75 percent in August.


Read more at Reuters.com Bonds News

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