(Bloomberg) -- Japan's notes dropped on speculation
traders will sell the securities to protect against potential
losses at an auction of five-year government debt today.
Brokers bidding at the auction may reduce holdings in case
prices drop before they can pass on the 2 trillion yen ($16
billion) in new debt to investors. Japan's government bonds also
fell as comments by officials in the U.S. and Japan spurred
concern that global inflation may rise.
Read more at Bloomberg Bonds News
traders will sell the securities to protect against potential
losses at an auction of five-year government debt today.
Brokers bidding at the auction may reduce holdings in case
prices drop before they can pass on the 2 trillion yen ($16
billion) in new debt to investors. Japan's government bonds also
fell as comments by officials in the U.S. and Japan spurred
concern that global inflation may rise.
Read more at Bloomberg Bonds News
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