(Bloomberg) -- Japan's government bonds fell on concern 10-year yields near the lowest in more than two weeks are unattractive given the outlook for higher interest rates.
Ten-year bonds ended two days of gains after Bank of Japan Governor Toshihiko Fukui yesterday said policy makers can raise borrowing costs as long as they are confident about the performance of the economy. Fukui's comments suggest the bank may raise rates as early as July, said Norihisa Takao, a fund manager at Daiwa Asset Management Co.
Read more at Bloomberg Bonds News
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