(Bloomberg) -- Japan's bonds may advance for a
fourth day after the ruling coalition of Prime Minister Shinzo
Abe lost its upper house majority at elections, fueling
speculation that stocks will drop and spur demand for debt.
Benchmark bond yields, which move opposite to prices, are
also likely to extend their slide past an eight-week low after
the election results increased speculation the Bank of Japan
will hold off raising interest rates next month.
Read more at Bloomberg Bonds News
fourth day after the ruling coalition of Prime Minister Shinzo
Abe lost its upper house majority at elections, fueling
speculation that stocks will drop and spur demand for debt.
Benchmark bond yields, which move opposite to prices, are
also likely to extend their slide past an eight-week low after
the election results increased speculation the Bank of Japan
will hold off raising interest rates next month.
Read more at Bloomberg Bonds News
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