Lates News

Japanese government bonds rose in early trading in Tokyo, following the upward trend of US government bonds on Friday due to weak US economic data. Fixed income strategists at Mitsubishi UFJ Morgan Stanley Securities commented that the Japanese government bond market is expected to be dominated by buyers today. These strategists also added that a weaker stock market and a stronger Japanese yen have led to increased risk aversion, which is expected to provide support for the domestic government bond market.