Thursday, June 28, 2007

Japan's Government Bonds May Drop as Reports Signal Higher Interest Rates

(Bloomberg) -- Japan's 10-year bonds may fall as
government reports on inflation and the jobless rate back the
case for the central bank to raise interest rates next quarter.

Benchmark 10-year bonds may complete their biggest monthly
drop in more than a year as the government reports today showed
the unemployment rate held at a nine-year low and declines in
consumer prices held steady.


Read more at Bloomberg Bonds News

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