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Article: Kyodo News International, Tokyo, Bond Outlook Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- August 23, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Aug. 23--TOKYO--Prices of Japanese government bonds (JGBs) are likely to remain weak next week, with investors focusing on moves of Japanese stocks and economic data, according to bond traders.
Traders expect the yield on the key No. 251 10-year JGB to move between 1.290 percent and 1.450 percent next week. It closed this week at 1.350 percent.
On Wednesday, the yield on the benchmark issue ended at 1.440 percent, its highest closing since March 25 last year, as investors sold the safe haven financial instruments amid rising Japanese stocks. The key Nikkei index moved ...
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...Kyodo News International, Tokyo Knight Ridder/Tribune ... place, it said. To see more of Kyodo News International, go to http://www.kyodonews.com (c) 2004, Kyodo News International, Tokyo. Distributed by Knight ...
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