Tuesday, May 15, 2007

Japanese Bonds Rise as Yields Near Highest Since April Attract Investors

(Bloomberg) -- Japan's 10-year government bonds rose, ending two days of losses, on speculation yields near the highest in three weeks attracted investors.

Yields, which move inversely to prices, declined as the Bank of Japan today started a two-day policy board meeting. Policy makers will probably keep interest rates unchanged as the economy slows and consumer prices fell for two consecutive months, according to a Bloomberg News survey of economists.


Read more at Bloomberg Bonds News

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