(Bloomberg) -- Japan's five-year government notes
declined for a fourth day on concern investors will avoid buying
the securities sold at an auction today before a central bank
decision on interest rates later this week.
Demand for bonds may weaken on speculation some Bank of
Japan policy makers will vote against keeping borrowing costs
unchanged on July 12, paving the way for a rate increase next
month. Five-year yields yesterday climbed to the highest in more
than three weeks after a report showed machinery orders rose.
Read more at Bloomberg Bonds News
declined for a fourth day on concern investors will avoid buying
the securities sold at an auction today before a central bank
decision on interest rates later this week.
Demand for bonds may weaken on speculation some Bank of
Japan policy makers will vote against keeping borrowing costs
unchanged on July 12, paving the way for a rate increase next
month. Five-year yields yesterday climbed to the highest in more
than three weeks after a report showed machinery orders rose.
Read more at Bloomberg Bonds News
No comments:
Post a Comment