Tuesday, June 5, 2007

Japanese Stocks May Fall as Rising Interest Rates Prompt Investor Caution

(Bloomberg) -- Japanese stocks may slip on concern
rising interest rates globally will reduce the demand for shares
as yields on bonds become more attractive and higher borrowing
costs decrease investors ability to purchase equities.

Shares that have attracted the most buying this year,
including shipping companies and steelmakers, may lead declines. A
measure of shipping lines included in the Topix has climbed 53
percent so far in 2007, while steel producers rose 26 percent.


Read more at Bloomberg Stocks News

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