Sunday, July 1, 2007

Japan's 10-Year Bonds May Rise After Treasuries Gain on Slower Inflation

(Bloomberg) -- Japanese government bonds may rise
for a second day after U.S. Treasuries gained on signs of
slowing inflation in the world's largest economy

Ten-year bonds in Japan last week completed the first back-
to-back weekly advance since March after a government report
showed consumer prices in Tokyo unexpectedly dropped. The Bank
of Japan's Tankan index of confidence among large manufactures
was unchanged at 23 points in June from March.


Read more at Bloomberg Bonds News

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