Wednesday, June 13, 2007

Japan's Government Bonds May Rise as Yields Near One-Year High Lure Buyers

(Bloomberg) -- Japan's government bonds may rise,
halting a 10-day slide, on speculation yields near the highest in
almost a year will lure investors.

Benchmark 10-year bonds, which yesterday completed the
longest slide in three years, are poised to rebound, according to
a chart traders use to predict price changes. Ten-year yields have
been at or above 2 percent for only four days since the Bank of
Japan ended a five-year deflation-fighting policy in March 2006.


Read more at Bloomberg Bonds News

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