Monday, May 14, 2007

Japanese Government Bonds Fall Before GDP Report, Speech by BOJ's Fukui

(Bloomberg) -- Japan's government bonds dropped before a government report in two days that may show the world's second-largest economy is outpacing U.S. growth.

Ten-year yields rose to match a three-week high before Bank of Japan Governor Toshihiko Fukui speaks at a press conference on May 17, the same day the government announces its first quarter economic growth. Bonds declined last week after Fukui said interest rates remain ``very low'' given the strength of the economy.


Read more at Bloomberg Bonds News

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