(Bloomberg) -- Japan's 10-year bonds rose the most
since September after credit-rating downgrades of U.S. subprime
mortgages sparked demand for the safety of government securities.
Bonds ended a five-day drop after Moody's Investors Service
cut credit ratings on $5.2 billion of debt, triggering the
biggest rally in Treasuries since February. Signs that a U.S.
housing slump will slow the world's largest economy may weaken
the Bank of Japan's case for raising the benchmark interest rate.
Read more at Bloomberg Bonds News
since September after credit-rating downgrades of U.S. subprime
mortgages sparked demand for the safety of government securities.
Bonds ended a five-day drop after Moody's Investors Service
cut credit ratings on $5.2 billion of debt, triggering the
biggest rally in Treasuries since February. Signs that a U.S.
housing slump will slow the world's largest economy may weaken
the Bank of Japan's case for raising the benchmark interest rate.
Read more at Bloomberg Bonds News
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