Sunday, May 27, 2007

Japan's Bonds Decline as Gains in Stocks Reduce Demand for Debt Securities

(Bloomberg) -- Japan's 10-year bond yields held near
the highest since February after the Nikkei 225 Stock Average
rebounded from the biggest decline in a month.

Two-year yields were at the highest since 1997 before
reports this week that are forecast to show Japanese industrial
production rose and U.S. hiring increased. Signs of faster growth
in the world's two biggest economies may encourage the Bank of
Japan to raise interest rates again this year.


Read more at Bloomberg Bonds News

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