(Bloomberg) -- Japan's 10-year bonds rose, heading
for a weekly gain, on speculation a decline in local stocks
boosted demand for government debt.
Bonds were set to snap their longest weekly losing streak
since October after a government report showing manufacturers
turned pessimistic fueled expectations the central bank's Tankan
survey of business sentiment due next month will be weaker than
some traders expect. Signs of slower growth may attract
investors to bonds with 10-year yields near the highest since
February relative to two-year securities.
Read more at Bloomberg Bonds News
for a weekly gain, on speculation a decline in local stocks
boosted demand for government debt.
Bonds were set to snap their longest weekly losing streak
since October after a government report showing manufacturers
turned pessimistic fueled expectations the central bank's Tankan
survey of business sentiment due next month will be weaker than
some traders expect. Signs of slower growth may attract
investors to bonds with 10-year yields near the highest since
February relative to two-year securities.
Read more at Bloomberg Bonds News
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