(Bloomberg) -- Japan's 10-year bonds were little
changed after a report showed confidence among U.S. homebuilders
fell to a 16-year low, renewing concern growth in the world's
biggest economy will slow.
Bonds may rise for a fourth day, the longest rally since
March, on speculation a housing slump in Japan's largest export
market may prompt traders to reduce bets for higher interest rates.
Ten-year yields in Japan have dropped a 10th of a percentage point
since reaching the highest since July last week, as yields in the
U.S. retreated from the highest in more than five years.
Read more at Bloomberg Bonds News
changed after a report showed confidence among U.S. homebuilders
fell to a 16-year low, renewing concern growth in the world's
biggest economy will slow.
Bonds may rise for a fourth day, the longest rally since
March, on speculation a housing slump in Japan's largest export
market may prompt traders to reduce bets for higher interest rates.
Ten-year yields in Japan have dropped a 10th of a percentage point
since reaching the highest since July last week, as yields in the
U.S. retreated from the highest in more than five years.
Read more at Bloomberg Bonds News
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