Monday, June 4, 2007

Japan's Government Bonds Little Changed Before Sale of 10-Year Securities

(Bloomberg) -- Japanese bonds were little changed
before the Ministry of Finance's sale of 10-year debt today.

The government set the highest coupon in seven months for
its 1.9 trillion yen ($15.6 billion) auction of the debt, in
line with a Bloomberg News survey of traders, analysts and
investors. U.S. Treasuries yesterday rose the most in three
weeks, narrowing the yield premium over Japanese debt, according
to Bloomberg data.


Read more at Bloomberg Bonds News

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