Sunday, May 6, 2007

Japan's 10-Year Bonds Little Changed; Report Shows Slower U.S. Job Growth

(Bloomberg) -- Japan's bonds were little changed after a U.S. report signaled job-market weakness is spreading beyond housing and manufacturing in the world's largest economy.

Ten-year yields, which last week reached the lowest since March, may drop after the data on May 4 fueled speculation the Federal Reserve will cut interest rates as inflation moderates in Japan's biggest export market. Japan's economic growth may have cooled from the fastest expansion in three years, according to a Bloomberg News survey before the data next week.


Read more at Bloomberg Bonds News

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