(Bloomberg) -- Japan's bonds rose as falling stocks
and losses at hedge funds run by Bear Stearns Cos. prompted
investors to seek the relative safety of government debt.
``Concerns that subprime problems will slow the U.S. housing
market haven't been fully erased yet,'' said Naomi Hasegawa, a
senior debt strategist at Mitsubishi UFJ Securities Co. in Tokyo,
the third-largest buyer at debt auctions. ``Along with declines
in stocks, that will probably help fuel demand for bonds.''
Read more at Bloomberg Bonds News
and losses at hedge funds run by Bear Stearns Cos. prompted
investors to seek the relative safety of government debt.
``Concerns that subprime problems will slow the U.S. housing
market haven't been fully erased yet,'' said Naomi Hasegawa, a
senior debt strategist at Mitsubishi UFJ Securities Co. in Tokyo,
the third-largest buyer at debt auctions. ``Along with declines
in stocks, that will probably help fuel demand for bonds.''
Read more at Bloomberg Bonds News
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