(Bloomberg) -- Japan's government bonds completed
their worst quarter in more than a year on speculation the
central bank will increase borrowing costs again by August.
Benchmark 10-year bonds dropped the most since the first
three months of 2006 as reports signaled the economy is
resilient enough to allow the Bank of Japan to raise interest
rates. Trading was limited last week before the central bank's
Tankan survey July 2, which may show business confidence held
near a two-year high, said Naomi Hasegawa, a senior fixed-income
strategist at Mitsubishi UFJ Securities Co.
Read more at Bloomberg Bonds News
their worst quarter in more than a year on speculation the
central bank will increase borrowing costs again by August.
Benchmark 10-year bonds dropped the most since the first
three months of 2006 as reports signaled the economy is
resilient enough to allow the Bank of Japan to raise interest
rates. Trading was limited last week before the central bank's
Tankan survey July 2, which may show business confidence held
near a two-year high, said Naomi Hasegawa, a senior fixed-income
strategist at Mitsubishi UFJ Securities Co.
Read more at Bloomberg Bonds News
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