(Bloomberg) -- Japan's government bonds may drop for a third day, the longest slide since January, on speculation gains in stocks will dent demand for debt.
Benchmark yields may continue to climb from a more than one- month low reached last week, after the Nikkei 225 Stock Average yesterday had its biggest rally in almost five weeks. Demand for debt may be limited before an auction today of 10-year bonds, said Koji Ochiai, a senior market analyst at Mizuho Securities Co., one of 25 primary dealers that are obliged to bid at government sales.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment