(Bloomberg) -- Japanese government bonds may fall for a second day on speculation gains in stocks will improve the outlook for the world's second-largest economy.
Demand for debt may drop because Japanese shares are likely to follow a U.S. rally that drove the Dow Jones Industrial Average to a record high on April 20. Higher stocks may prompt traders to sell bonds to hedge against a possible increase in yields before the government's auction of 20-year securities tomorrow.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment