(Bloomberg) -- Japan's five-year notes fell, pushing
yields to the highest since 2000, after comments by officials in
the U.S. and Japan spurred concern global inflation may rise.
Demand at an auction of five-year government securities
dropped to the lowest since January after Japanese Vice Finance
Minister Hideto Fujii said the label ``deflation'' is
inappropriate to describe the economy. Federal Reserve Bank of
Cleveland President Sandra Pianalto said in Dublin yesterday
inflation in the U.S. is ``uncomfortably high.''
Read more at Bloomberg Bonds News
yields to the highest since 2000, after comments by officials in
the U.S. and Japan spurred concern global inflation may rise.
Demand at an auction of five-year government securities
dropped to the lowest since January after Japanese Vice Finance
Minister Hideto Fujii said the label ``deflation'' is
inappropriate to describe the economy. Federal Reserve Bank of
Cleveland President Sandra Pianalto said in Dublin yesterday
inflation in the U.S. is ``uncomfortably high.''
Read more at Bloomberg Bonds News
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