Wednesday, 30 May 2012
2012.05.30 05:40:10 MARKET TALK: Taiwan Bonds Up A Tad; 5-Year Yield Floor At 0.9600%
0340 GMT [Dow Jones] Taiwan government bonds are slightly higher in thin volume, mostly boosted by falling local shares (the Taiex is 1.2% lower) amid a lack of new trading cues, says a local trader. Although local stocks are declining after Tuesday's 2.9% jump, the trader says the bond market's investor sentiment remains calm; "most investors still prefer not to take aggressive moves before they see any changes in fundamentals," he adds. The most-traded five-year bond yield is quoted at 0.9630% from 0.9670% at Tuesday's close; he tips the yield in a 0.9600%-0.9700% band for the session. (fanny.liu@dowjones.com)
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(END) Dow Jones Newswires
May 29, 2012 23:40 ET (03:40 GMT)
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