(Bloomberg) -- Japan's bonds advanced after a slide in stocks renewed speculation that the central bank will keep interest rates unchanged to help spur consumer spending.
Ten-year benchmark yields yesterday reached the highest since Feb. 21 after a rally in stocks spurred speculation the economy will sustain its expansion. Demand for debt increased today after a three-day gain in the yen pushed down stocks and Bank of Japan Governor Toshihiko Fukui said gains of consumer prices will hover around zero in coming months.
Read more at Bloomberg Bonds News
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