Tuesday, June 26, 2007

Japan's 10-Year Government Bonds Rise a Fourth Day as Stocks Extend Slide

(Bloomberg) -- Japan's 10-year bonds rose for a
fourth day, the longest rally in more than three months, on
speculation a drop in shares will spur demand for debt.

The yield on the 1.8 percent bond due in June 2017 fell 1.5
basis points to 1.86 percent as of 9:42 a.m. in Tokyo at Japan
Bond Trading Co., the nation's largest interdealer debt broker.
A basis point is 0.01 percentage point.


Read more at Bloomberg Bonds News

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