Monday, June 4, 2007

Japan's Government Notes Decline as Stocks Advance; Yield at 11-Month High

(Bloomberg) -- Japan's government notes fell, pushing
five-year yields to the highest in 11 months, on speculation a
gain in share prices cut demand for debt.

Yields on five-year notes have climbed faster than those on
the 10 year since the start of last month on increasing
speculation the Bank of Japan will raise borrowing costs again
this year. The Nikkei 225 Stock Average advanced for a fourth day,
the longest stretch since March.


Read more at Bloomberg Bonds News

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