(Bloomberg) -- Japanese bonds dropped, sending 10-year
yields to the highest since October, on speculation the U.S.
economy will rebound after a government report showed hiring
accelerated more than economists estimated.
Debt in Japan followed a slump in U.S. Treasuries that pushed
10-year yields to the highest level in more than nine months on
June 1. Signs of a recovery in Japan's biggest export market may
deter investors from buying bonds before a 10-year debt auction in
Tokyo tomorrow.
Read more at Bloomberg Bonds News
yields to the highest since October, on speculation the U.S.
economy will rebound after a government report showed hiring
accelerated more than economists estimated.
Debt in Japan followed a slump in U.S. Treasuries that pushed
10-year yields to the highest level in more than nine months on
June 1. Signs of a recovery in Japan's biggest export market may
deter investors from buying bonds before a 10-year debt auction in
Tokyo tomorrow.
Read more at Bloomberg Bonds News
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