(Bloomberg) -- Japan's 10-year bonds gained on
speculation losses in securities backed by U.S. subprime
mortgages will fuel demand for government debt.
Bonds in Japan halted a two-day drop after Treasuries
yesterday extended a weekly advance. Concerns that U.S. economic
growth will slow may hurt Japanese exporters, boosting the
attraction of debt's fixed payments. Shares of Japanese electric
power producers and insurance companies may drop after a
magnitude 6.8 earthquake struck northwest Japan yesterday,
damaging a nuclear reactor operated by Tokyo Electric Power Co.
Read more at Bloomberg Bonds News
speculation losses in securities backed by U.S. subprime
mortgages will fuel demand for government debt.
Bonds in Japan halted a two-day drop after Treasuries
yesterday extended a weekly advance. Concerns that U.S. economic
growth will slow may hurt Japanese exporters, boosting the
attraction of debt's fixed payments. Shares of Japanese electric
power producers and insurance companies may drop after a
magnitude 6.8 earthquake struck northwest Japan yesterday,
damaging a nuclear reactor operated by Tokyo Electric Power Co.
Read more at Bloomberg Bonds News
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