Sunday, July 1, 2007

Japan's Government Bonds Advance After Treasuries Gain on Slower Inflation

(Bloomberg) -- Japanese 10-year bonds advanced for a
second day on speculation signs of cooling global inflation will
spur demand for government securities.

Benchmark bonds in Japan and the U.S. completed their first
two-week gains in more than three months on June 29, after
reports showed consumer prices in Tokyo unexpectedly fell and a
measure of inflation watched by the Federal Reserve slowed. The
Tankan, Japan's key business survey, today showed confidence
among large manufacturers was unchanged in June from March.


Read more at Bloomberg Bonds News

No comments: