Sunday, May 20, 2007

Japan's Government Bonds Decline on Speculation Export Demand to Increase

(Bloomberg) -- Japan's government bonds may fall for a
second day after a U.S. report showing an unexpected gain in
consumer confidence tempered speculation exports will decline.

Bonds advanced last week after a Cabinet Office report showed
Japan's economic growth slowed as companies cut spending on
concerns U.S. demand will weaken. Debt in Japan may drop today
after U.S. Treasuries had the biggest weekly slump since January.


Read more at Bloomberg Bonds News

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