(Bloomberg) -- Japan's government notes may gain after a report showed machinery orders unexpectedly dropped in March, suggesting growth in the world's second-largest economy is slowing.
The report fueled speculation the economy isn't expanding fast enough to convince the central bank to raise interest rates. The government's 2 trillion yen ($16.6 billion) sale of five-year notes drew 3.8 times the amount of debt on offer, higher than the average in the past year of 3.15 times.
Read more at Bloomberg Bonds News
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