(Bloomberg) -- Japan's two-year government notes
will slide, pushing yields to the highest since 1997, as rising
energy prices prompt the central bank to raise interest rates,
according to Mizuho Securities Co.
Consumer prices will show gains for the next two months
buoyed by costlier oil, prompting the Bank of Japan to increase
borrowing costs again as soon as July, said Koji Ochiai, a
senior market analyst at Mizuho in Tokyo. Two-year yields may
exceed 1 percent, the most since June 1997, in the next three
months, he said.
Read more at Bloomberg Bonds News
will slide, pushing yields to the highest since 1997, as rising
energy prices prompt the central bank to raise interest rates,
according to Mizuho Securities Co.
Consumer prices will show gains for the next two months
buoyed by costlier oil, prompting the Bank of Japan to increase
borrowing costs again as soon as July, said Koji Ochiai, a
senior market analyst at Mizuho in Tokyo. Two-year yields may
exceed 1 percent, the most since June 1997, in the next three
months, he said.
Read more at Bloomberg Bonds News
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