Thursday, July 5, 2007

Japanese Government Bonds May Fall on Signs of Stronger U.S. Job Growth

(Bloomberg) -- Japanese bonds may fall for a third
day after private U.S. reports showed job creation was faster
than expected and growth in service industries unexpectedly
accelerated, signaling the world's largest economy will expand.

Bonds in Japan may follow a slump yesterday in 10-year U.S.
Treasuries, which had the biggest loss in three weeks. A Labor
Department report today may add to expectations that stronger
employment growth will boost U.S. inflation. A faster expansion
in the U.S., Japan's biggest export market, may help the Asian
nation sustain its longest period of postwar economic growth.


Read more at Bloomberg Bonds News

No comments: