Japan's 10-Year Bonds Have Biggest Weekly Gain Since August as Stocks Drop

(Bloomberg) -- Japan's 10-year bonds had the
biggest weekly gain since August after a slump in global stocks
and corporate debt spurred demand for the relative safety of
government securities.

Benchmark bond yields fell to the lowest in eight weeks on
speculation a U.S. housing slump will slow growth in the biggest
market for Japanese exporters, making it harder for the Bank of
Japan to justify raising interest rates. A government report
today showed consumer prices declined for a fifth month.


Read more at Bloomberg Bonds News