Monday, June 11, 2007

Japan's Government Bonds Are Little Changed Before Tomorrow's Debt Auction

(Bloomberg) -- Japan's 10-year bonds were little
changed, following seven days of losses, on speculation
investors will be reluctant to bid at a debt sale tomorrow on
concern yields will keep rising.

Ten-year bonds fell earlier today as a government report
showed the economy grew faster than earlier reported in the
first quarter. Benchmark 10-year yields have risen more than a
third of a percentage point since falling to their lowest in
over a year on March 22.


Read more at Bloomberg Bonds News

No comments: