Japan's Bonds May Drop on Speculation Decline in Consumer Prices Slowing

(Bloomberg) -- Japan's 10-year bonds may fall on
speculation a government report today will show that the decline
in consumer prices is slowing, signaling inflation may soon take
hold.

Benchmark 10-year bonds may complete their biggest monthly
drop in more than a year as the report is forecast to show core
consumer prices excluding fresh food fell 0.1 percent in May
from a year earlier, according to a Bloomberg News survey.
Prices decreased 0.1 percent in April, slowing from a 0.3
percent drop in March.


Read more at Bloomberg Bonds News