(Bloomberg) -- Japan's five-year government notes
headed for a weekly decline as signs of global growth prompted
investors to raise bets interest rates will rise.
Five-year yields headed toward a record high touched last
week as a report yesterday showed the Philadelphia Federal
Reserve Bank's factory index jumped to the highest in more than
two years in June, sending U.S. Treasuries lower. Bank of Japan
Deputy Governor Toshiro Muto yesterday said the world's second-
largest economy is expanding moderately and the bank will raise
rates gradually based on conditions in the economy and prices.
Read more at Bloomberg Bonds News
headed for a weekly decline as signs of global growth prompted
investors to raise bets interest rates will rise.
Five-year yields headed toward a record high touched last
week as a report yesterday showed the Philadelphia Federal
Reserve Bank's factory index jumped to the highest in more than
two years in June, sending U.S. Treasuries lower. Bank of Japan
Deputy Governor Toshiro Muto yesterday said the world's second-
largest economy is expanding moderately and the bank will raise
rates gradually based on conditions in the economy and prices.
Read more at Bloomberg Bonds News
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