Monday, July 16, 2007

Japan's Government Bonds May Rise on Concerns Over U.S. Subprime Mortgages

(Bloomberg) -- Japan's 10-year bonds may rise on
speculation losses in securities backed by U.S. subprime
mortgages will fuel demand for government debt.

Benchmark bonds in Japan may halt a two-day drop after
Treasuries yesterday extended a weekly advance. Concerns that
U.S. economic growth will slow may prompt traders to pare bets
that the Bank of Japan will increase interest rates next month.


Read more at Bloomberg Bonds News

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