Taiwan Government Bonds Up; US Payroll Data Eyed

        0631 GMT [Dow Jones] Taiwan government bonds are slightly higher, reflecting overnight gains in U.S. Treasurys after the European Central Bank introduced negative interest rates on deposits. Most market participants have shifted their focus to U.S. non-farm payroll data due later in day, a local trader says. "If the data comes worse than market expectations, U.S. bonds will likely rise further and that may also boost local bonds," he adds. The most-traded 10-year bond yield is at 1.5275% vs 1.5305% late Thursday; the trader tips the yield to trade in a 1.5200%-1.5400% band Monday. The five-year bond yield is little changed at 1.0500% from 1.0499% Thursday. (fanny.liu@wsj.com)
        (END) Dow Jones Newswires

        June 06, 2014 02:31 ET (06:31 GMT)