Friday, June 15, 2007

Japan's Bonds Drop for Fourth Week on Outlook for Stronger Growth, Prices

(Bloomberg) -- Japan's 10-year government bonds
fell for a fourth week, the longest losing streak since October,
as global debt markets slid on the outlook inflation will
accelerate.

The difference in yield between two- and 10-year bonds
widened yesterday to the biggest gap since February after a
slump in Treasuries pushed U.S. yields close to a five-year high.
Japan's bonds also dropped after a government report earlier
this week showed the economy grew faster than initially
estimated, led by consumer spending and stronger-than-expected
business investment.


Read more at Bloomberg Bonds News

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