Corporate Bond Risk Falls in Japan From Highest in More Than Two Years

(Bloomberg) -- Japanese corporate bond risk fell
from the highest in more than two years, credit-default swaps
show.

Contracts based on 1 billion yen ($8.4 million) of debt
included in the iTraxx Japan Series 7 Index of 50 investment-
grade Japanese companies declined to 3.7 million yen today in
Tokyo from 4.1 million yen yesterday, according to prices from
JPMorgan Chase & Co.


Read more at Bloomberg Bonds News