Thursday, July 12, 2007

Japan's Bonds May Decline as Stock Rally Limits Demand for Debt Securities

(Bloomberg) -- Japan's government bonds may decline
after stocks advanced, suggesting investors are becoming less
averse to riskier securities.

Benchmark debt is likely to drop for a second day since
concerns over the credit quality of U.S. subprime mortgages
drove the biggest rally in Japan's 10-year bonds since August.
U.S. Treasuries slumped yesterday after the Dow Jones Industrial
Average and the S&P 500 closed at record highs. The Nikkei 225
Stock Average rose, halting a three-day drop.


Read more at Bloomberg Bonds News

No comments: