Japan's Bonds Fall on Speculation Report to Show Consumer Price Drop Slows

(Bloomberg) -- Japan's government bonds dropped for
a second day before a report tomorrow that may show a decline in
consumer prices slowed in April.

Benchmark 10-year yields climbed to the highest in more
than a month on speculation the report will signal inflation
will soon turn positive, giving the central bank more room to
raise interest rates. A decline in U.S. Treasuries yesterday
also decreased the appeal of Japanese debt.


Read more at Bloomberg Bonds News