Japan Bonds Show Little Change
Published June 5th, 2007
Japan’s government bonds were little changed before the Ministry of Finance releases results of a 10- year securities sale.
The government set the highest coupon in seven months for its 1.9 trillion yen ($15.6 billion) auction of the debt, in line with a Bloomberg News survey of traders, analysts and investors. U.S. Treasuries yesterday rose the most in three weeks, narrowing the yield premium over Japanese debt.
Related Articles Japans Bonds Have Biggest Drop in Two Months Before AuctionJapanese Bonds May Fall for Third Day Before 10-Year Debt SaleJapan 30-yr govt bond auction lowest accepted price 100.15 yen; yield 2.491 pctEuropean bonds underperform US TreasuriesJapan 5-year govt bond auction lowest accepted price 100.13 yen
