Japan's Government Bonds May Gain on Concerns U.S. Economic Growth to Slow

(Bloomberg) -- Japanese bonds may rise for a third
day on speculation signs of slowing growth in the U.S. will
increase demand for debt's fixed payments.

Bonds in Japan may follow a rally in U.S. Treasuries
yesterday after Federal Reserve Chairman Ben S. Bernanke
predicted inflation will recede and said housing market weakness
may slow the economy. Bank of Japan policy makers said it's
necessary to closely monitor risks from the U.S. housing-market
slump, according to minutes released yesterday.


Read more at Bloomberg Bonds News