(Bloomberg) -- Japan's 10-year bonds advanced, pushing yields to the lowest in more than a month, after a decline in stocks spurred demand for government debt.
Bonds gained for a second day after shares of exporters slid on a report that showed personal spending rose less than forecast in the U.S., Japan's largest overseas market. A government report last week showed the U.S. economy grew last quarter at the slowest pace in four years, spurring speculation the Bank of Japan will be reluctant to raise interest rates.
Read more at Bloomberg Bonds News
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