Bloomberg News

Japan’s Bonds Rise as Shares Drop; 30-Year Yields Fall to 1.895%

By Masaki Kondo
October 03, 2011

Oct. 4 (Bloomberg) -- Japan’s bonds rose as domestic shares extended a global slump, supporting demand for the relative safety of government debt.

The yield on the 30-year security slid 2.5 basis points to 1.895 percent as of 9:24 a.m. in Tokyo

To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

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