Japanese Government Bonds Decline as Gains in Stocks Cut Demand for Debt

(Bloomberg) -- Japan's 10-year bonds fell as gains
in local stocks deterred investors from buying government debt
with yields near the lowest in almost a month.

Bonds in Japan followed a drop in Treasuries yesterday as
investors grew more comfortable holding riskier securities and a
report showed U.S. factory orders fell less than forecast. Bank
of Japan Deputy Governor Toshiro Muto yesterday said keeping
interest rates low for too long could hurt the economy.


Read more at Bloomberg Bonds News