Bloomberg News

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

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


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