JGBs rise on Nikkei drop

The swap contract on the overnight call rate indicated that investors now see a roughly 70 percent chance of the BOJ cutting interest rates to 0.25 percent from the current 0.5 percent later in the day.
Market showed little reaction to a slew of domestic data showing Japan's unemployment rate fell in September and the nation's core annual inflation slowed in the same month to match market expectations.

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