Japan's 10-Year Bonds Decline as Yields Near Six-Week Low Deter Investors

(Bloomberg) -- Japanese government bonds dropped,
ending their longest rally since November, as 10-year yields
near the lowest in more than six weeks deterred investors from
buying the securities before a government auction this week.

Investors saw little reason to extend a five-day rally
without evidence growth in the world's second-largest economy is
slowing. The yield premium on 20-year bonds relative to five-
year securities reached the most in two months on speculation
traders will sell to protect against possible losses at an
auction of the longer-maturity debt in two days.


Read more at Bloomberg Bonds News