Tuesday, 03 July 2007

JGBs slip on Treasuries, auction; Moody's supports

(Reuters) - Treasuries fell on Tuesday in thin trade before the U.S.
Independence Day holiday, hurt by a firm stock market and
surprisingly strong factory orders that pushed benchmark yields
up to 5.05 percent, lifting them from a one-month low hit earlier
in the week.




"Weaker Treasuries are keeping pressure on JGBs, and the
market is trying to deal with the weak 10-year auction," said
Akihiko Inoue, market analyst at Mizuho Investors Securities.


Read more at Reuters.com Bonds News

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