(Bloomberg) -- Japan's bonds fell after a Nikkei newspaper report said inflation will accelerate this fiscal year, suggesting the Bank of Japan may raise interest rates sooner than some investors expect.
The central bank's semi-annual report on the outlook for the economy on April 27 may paint a brighter picture from Governor Toshihiko Fukui on inflation, said Katsutoshi Inadome, a debt strategist at Mitsubishi UFJ Securities Co. The Nikkei reported consumer prices will rise as much as 0.3 percent this year, after they dropped in February for the first time in 10 months.
Read more at Bloomberg Bonds News
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