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JGBs rise, taking cue from weak stocks, BOJ hopes
Oct 22nd 2012, 06:28

TOKYO, Oct 22 (Reuters) - Japanese government bonds rose for a second session on Monday, with benchmark yields moving away from a three-week high touched last week, reflecting weaker stocks and conviction that the Bank of Japan is committed to its easy monetary stance. * BOJ Governor Masaaki Shirakawa said in a speech on Monday that the central bank remains resolved to maintain its ultra-easy monetary policy, keeping alive expectations of further stimulus. Sources familiar with BOJ thinking said the central bank will likely trim its long-term economic and price forecasts at its next meeting on Oct. 30, with no internal consensus yet on whether it will ease further. * BOJ policy is expected...

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