(Bloomberg) -- Japanese bonds may decline on
speculation investors will demand higher yields before a debt
auction next week and parliamentary elections three days later.
The government will sell 800 billion yen ($6.56 billion) of
20-year notes on July 26. Half of the upper house's 242 seats
are up for grabs in the July 29 elections. The Liberal
Democratic Party and its coalition partner, New Komeito, need to
win 64 seats to keep their majority and a defeat would likely
force Prime Minister Shinzo Abe to resign.
Read more at Bloomberg Bonds News
speculation investors will demand higher yields before a debt
auction next week and parliamentary elections three days later.
The government will sell 800 billion yen ($6.56 billion) of
20-year notes on July 26. Half of the upper house's 242 seats
are up for grabs in the July 29 elections. The Liberal
Democratic Party and its coalition partner, New Komeito, need to
win 64 seats to keep their majority and a defeat would likely
force Prime Minister Shinzo Abe to resign.
Read more at Bloomberg Bonds News
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