Sunday, April 22, 2007

Japan's Government Bonds Halt Declines as 10-Year Yields Attract Investors

(Bloomberg) -- Japanese government bonds halted declines as 10-year yields near the highest since February attracted some investors.

Bonds were supported by speculation the central bank will cut its inflation forecast for this fiscal year. Japan's debt rating was raised one level to AA from AA- by Standard & Poor's after the government cut borrowing.


Read more at Bloomberg Bonds News

No comments: