JGBs up as BoJ buying prompts short-covering

JAPAN - Japanese government bonds rebounded on Tuesday amid bargain-hunting following last week's tumble and as sentiment improved following a successful bond-buying operation by the central bank.

FT.com reported from Tokyo that bonds opened sharply lower in the morning amid lingering uncertainty after the central bank said last week it would purchase equities from banks to help reduce their stock holdings.

But the market erased earlier losses after the Bank of Japan completed a regular bond

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