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JGB futures edge up as Nikkei slips on profit taking
Contributed by World News   
* JGB futures draw support from Nikkei's slip * JGB gains limited by caution ahead of a 10-yr JGB auction By Shinichi Saoshiro TOKYO, Dec 1 (Reuters) - Japanese government bonds edged up on Monday on a dip in Tokyo shares and gains by U.S. Treasuries at the end of last week. Longer-dated JGBs sagged on caution ahead of a 1.9 trillion yen 10-year JGB auction on Tuesday. Analysts said market participants were wary of driving the long-term yield, just a few basis points above seven month lows, further down before the bond tender. But in the longer run, the market expects JGB...
Read more at: WN.com - Business News
 
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