Sunday, May 6, 2007

Japan Government Bonds Fall as Stock Rally Saps Debt Demand Before Auction

(Bloomberg) -- Japanese bonds dropped on concern a rally in stocks will cut demand for debt before an auction of 10- year government securities tomorrow.

The yield on the benchmark 10-year bond rose 2 basis points to 1.645 percent as of 9:28 a.m. in Tokyo.


Read more at Bloomberg Bonds News

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