(Bloomberg) -- Japan's 10-year bonds had the
biggest weekly gain since August after a slump in global stocks
and corporate debt spurred demand for the relative safety of
government securities.
Benchmark bond yields fell to the lowest in eight weeks on
speculation a U.S. housing slump will slow growth in the biggest
market for Japanese exporters, making it harder for the Bank of
Japan to justify raising interest rates. A government report
today showed consumer prices declined for a fifth month.
Read more at Bloomberg Bonds News
biggest weekly gain since August after a slump in global stocks
and corporate debt spurred demand for the relative safety of
government securities.
Benchmark bond yields fell to the lowest in eight weeks on
speculation a U.S. housing slump will slow growth in the biggest
market for Japanese exporters, making it harder for the Bank of
Japan to justify raising interest rates. A government report
today showed consumer prices declined for a fifth month.
Read more at Bloomberg Bonds News
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