Monday, July 30, 2007

Japan's Bonds May Fall on Speculation Investors Will Demand Riskier Assets

(Bloomberg) -- Japanese bonds may fall for a second
day as a recovery in global stock prices signaled investors are
shifting to riskier assets after last week's global rout in
corporate and emerging-market debt.

Ten-year yields may continue to climb from the lowest in
eight weeks after reports showed households increased spending
for a sixth month in June and the jobless rate fell, suggesting
Japan will extend its longest postwar expansion. The reports may
strengthen speculation that the Bank of Japan will raise
interest rates as soon as next month.


Read more at Bloomberg Bonds News

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