JGB futures fall from 2-mth high on rate jitters

(Reuters) - The Nikkei share average was down 1.1 percent by late
morning.




A slump in Tokyo share prices in the past week along with a
plunge in global equity markets has stirred doubts about a BOJ
interest rate increase next month, driving benchmark JGB yields
to two-month lows.


Read more at Reuters.com Bonds News

JGBs fall before auction, little help from tankan

(Reuters) - An initial fall in Tokyo share prices also lent support to
JGBs but the gains proved fleeting, as the tankan kept intact
market expectations for the BOJ to raise interest rates to 0.75
percent from 0.50 percent, perhaps as early as next month.




"It was mixed overall. While it won't justify a rate rise in
July, the chances seem higher that there will be a rate rise in
August," said Mitsumaru Kumagai, chief JGB strategist for Merrill
Lynch.


Read more at Reuters.com Bonds News

Yen stays weak, tankan bolsters BOJ rate view

(Reuters) - The yen fell against the dollar and euro after the BOJ's quarterly tankan poll came in line with forecasts, but trimmed losses as investors were careful about selling the yen too much ahead of a holiday-shortened week in the United States.




Sterling hit a 2 1/2-month high versus the dollar at $2.01, inching near a 26-year high before the Bank of England holds a policy meeting later in the week, when it is expected to lift rates by 25 basis points to 5.75 percent.


Read more at Reuters.com Hot Stocks News

JGB futures jump after Fukui, gains in Treasuries

(Reuters) - Fukui said the central bank wanted to be more convinced of
the sustainability of capital spending and consumption before
changing monetary policy, relieving some who had been worried
about an interest rate hike in July.




The BOJ kept interest rates at 0.5 percent on Friday, as
widely expected.


Read more at Reuters.com Bonds News

Euroyen futures rally on Fukui's cautious remarks

(Reuters) - Lead December euroyen futures jumped as much 5 basis
points to 99.000, poised for the largest one-day gain in nine
months, before slipping back to 98.990.




Swap contracts on the overnight call rate cut
the chance of a July rate hike to 27 percent from 35 percent
earlier in the day, while the chance of a move in August dipped
to 84 percent from 89 percent. A hike by the September meeting is
fully priced in.


Read more at Reuters.com Bonds News

BOJ: View unchanged, economy growing moderately

(Reuters) - On prices, the BOJ said year-on-year changes in consumer
prices are moving around zero percent and are expected to stay
near that level in the near term, due to lower oil prices
compared with the previous year.




But in the long term, consumer prices will remain in an
upward trend as the nation's output gap moves towards positive
territory, the report said.


Read more at Reuters.com Bonds News