Friday, July 20, 2007

JGBs climb on election jitters, gains in Treasuries

(Reuters) - Some market players were starting to fret that Japanese
equities could take a hit and give government bonds a boost if
the parliamentary election on July 29 deals the ruling coalition
of Prime Minister Shinzo Abe a severe setback.




A telephone survey by the Asahi newspaper published on Friday
showed that Abe's coalition is likely to lose the upper house
election after government mishandling of pension records and a
series of gaffes by officials. [ID:nT194441]


Read more at Reuters.com Bonds News

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