Sunday, June 17, 2007

Japan's Government Bonds May Rise; Yields Near 1-Year High to Lure Buyers

(Bloomberg) -- Japanese government bonds may advance
on speculation 10-year yields near the highest in almost a year
will entice some investors.

Japan's bonds may rise for a third day after a rally in
Treasuries on June 15 lowered U.S. 10-year yields from near their
highest in five years. U.S. bonds had gained after a report showed
core inflation slowed. Bank of Japan Governor Toshihiko Fukui said
last week that he wants to be more convinced that Japan's economic
growth is sustainable before proposing an interest-rate increase.


Read more at Bloomberg Bonds News

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