Thursday, April 19, 2007

Japan Five-Year Notes Set for Worst Week in Three Months as Stocks Rebound

(Bloomberg) -- Japan's five-year notes fell, set for the biggest weekly advance in yields in more than three months, on concern gains in stocks will cut demand for debt.

Demand for the securities was limited after the Yomiuri newspaper said a Bank of Japan report on April 27 will say consumer-price inflation, which erodes debt's fixed payments, will double next fiscal year. The Nikkei 225 Stock Average rebounded from its biggest drop yesterday since March 14.


Read more at Bloomberg Bonds News

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