Japanese Government Bonds May Rise on View Tankan Won't Back Higher Rates

(Bloomberg) -- Japanese government bonds may rise
for a second day on speculation the central bank's Tankan survey
will fail to increase the likelihood for higher interest rates.

Ten-year bonds last week completed their first back-to-back
weekly gain since March after a government report showed
consumer prices in Tokyo unexpectedly dropped. U.S. Treasuries
rose on June 29, pushing 10-year yields to a three-week low,
after an inflation gauge watched by the Federal Reserve slowed.


Read more at Bloomberg Bonds News