Monday, July 30, 2007

Japan's Government Bonds May Fall as Riskier Assets Such as Stocks Recover

(Bloomberg) -- Japanese bonds may fall for a second
day as a recovery in global stock prices signaled investors are
shifting to riskier assets after last week's global rout in
corporate and emerging-market debt.

Ten-year yields may continue to climb from the lowest in
eight weeks after reports showed households increased spending
for a sixth month in June and the jobless rate fell, suggesting
Japan will extend its longest postwar expansion. The perceived
risk of owning corporate bonds in the U.S. fell yesterday from
the highest in at least three years.


Read more at Bloomberg Bonds News

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