Tuesday, June 5, 2007

Japan's Five-Year Notes Fall; Yields Rise to 11-Month High as Stocks Gain

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

Yields on five-year notes have climbed faster than those on
10-year securities since the start of last month on increasing
concern 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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