(Bloomberg) -- Japan's notes may fall on speculation
traders will sell to protect against potential losses at an
auction of five-year government debt today.
Brokers that will bid at the auction may cut holdings in case
prices drop before they can pass on the 2 trillion yen ($16
billion) in new debt to investors. Japan's government bonds may
also track a slide in U.S. Treasuries, which slumped yesterday
after Federal Reserve Bank of Cleveland President Sandra Pianalto
said inflation is ``uncomfortably high.''
Read more at Bloomberg Bonds News
traders will sell to protect against potential losses at an
auction of five-year government debt today.
Brokers that will bid at the auction may cut holdings in case
prices drop before they can pass on the 2 trillion yen ($16
billion) in new debt to investors. Japan's government bonds may
also track a slide in U.S. Treasuries, which slumped yesterday
after Federal Reserve Bank of Cleveland President Sandra Pianalto
said inflation is ``uncomfortably high.''
Read more at Bloomberg Bonds News
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