Bloomberg News

Japan’s Five-Year Notes Gain on Greece, U.S. Slowdown Concerns

By Nicholas Reynolds
June 17, 2011

June 17 (Bloomberg) -- Japan’s five-year notes gained as concern the Greek debt crisis is worsening and signs of a slowdown in the U.S. economy spurred demand for safer assets.

The yield on the five-year note dropped 2.5 basis points to 0.405 percent as of 1:54 p.m. in Tokyo, according to Japan Bond Trading Co.

To contact the editor responsible for this story: Nicholas Reynolds at nreynolds2@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus