Wednesday, June 27, 2007

Japanese Government Bonds Drop, Halting Four-Day Rally, as Stocks Advance

(Bloomberg) -- Japan's government bonds dropped,
halting a four-day advance, after gains in stocks reduced demand
for debt.

Benchmark 10-year bonds ended the longest rally since March
as investors stayed away from securities with the lowest yields
in almost three weeks. The gain in stocks outweighed a
government report today that showed an unexpected decline in
industrial production.


Read more at Bloomberg Bonds News

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