JGBs Likely Firm;10-Year Yield In 0.810%-0.830% Band

JGBs are likely to gain ground Friday on bargain hunting as expectations for yield rises are rolled back, erasing overnight losses after the U.S. Fed announced QE3, says UBS Securities strategist Atsushi Ito The session should be led by buying before quieting down before the three-day weekend, he says. Ito also expects the market to be calm moving into the end of September, with the 10-year yield likely around 0.8% at the end of the month. He tips the benchmark 10-year yield in a 0.810%-0.830% range for the session vs 0.825% at Thursday's close.

JGBs Likely Firm;10-Year Yield In 0.810%-0.830% Band

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