Japan's Government Notes May Fall as Report to Show Machinery Orders Gain

(Bloomberg) -- Japanese five-year notes may fall,
heading for a third weekly drop, on speculation a government
report on machinery orders will support the central bank's case
for raising interest rates.

Five-year yields yesterday climbed to the highest since July
before the Cabinet Office report that may show machinery orders
increased the most in 10 months, according to a Bloomberg News
survey. Bank of Japan Governor Toshihiko Fukui this week said the
bank will ``take necessary action in a timely way.''


Read more at Bloomberg Bonds News