Monday, April 23, 2007

Japan Five-Year Notes Gain on Relative Value to Long-Term Debt Securities

(Bloomberg) -- Japan's five-year government notes rose after the difference in yield between the debt and 20-year securities tightened to the smallest gap in two months.

Demand for five-year debt increased on speculation a government report this week will show consumer prices declined in March for a second month, backing the case for the Bank of Japan to keep its key interest rate at 0.5 percent.


Read more at Bloomberg Bonds News

No comments: