Monday, May 21, 2007

Japan's Government Bonds Advance as Yields Near One-Month High Lure Buyers

(Bloomberg) -- Japan's 10-year government bonds rose,
ending a two-day slide, on speculation yields near the highest
in a month will attract investors.

Bonds maturing in 10 years or more handed investors a
higher return than shorter-dated debt so far in 2007, according
to an index compiled by Merrill Lynch & Co. Japanese bonds also
gained after U.S. Treasuries rose for the first time in seven
days.


Read more at Bloomberg Bonds News

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