TOKYO, March 12 (Reuters) - U.S. Treasuries
were steady in
Asia on Friday with many investors sitting on the sidelines ahead
of retail sales and consumer sentiment data due later and a
Federal Reserve meeting next week.
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Regional stocks edged up on Friday with Japan's Nikkei share
average climbing 0.8 percent .N225 and MSCI's index of other
Asian Pacific shares .MIAPJ0000PUS heading for a fifth straight
week of rises, putting mild pressure on Treasury futures.
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But cash bonds were
little changed as investors felt
reassured by this week's solid auctions, totaling $74 billion,
that the Treasury is having no problem selling debt despite the
high levels of note issuance.