Wednesday, June 6, 2007

Japan's 10-Year Government Bonds Drop; Yields Rise to Highest Since August

(Bloomberg) -- Japan's 10-year bonds fell, pushing
yields to the highest since August, on speculation a government
report tomorrow will show machinery orders increased.

Debt declined before the Cabinet Office report that will
show orders for April rose the most since June 2006, according
to a Bloomberg News survey. A government report this week showed
business investment advanced to a record, signaling growth may
be accelerating in the world's second largest economy.


Read more at Bloomberg Bonds News

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