(Bloomberg) -- Japanese bonds may rise on
speculation declines in stocks will boost demand for government
securities as losses on U.S. subprime mortgages push down prices
on riskier assets.
Asian stocks fell in New York trading and U.S. shares
tumbled after Countrywide Financial Corp., the largest U.S.
mortgage lender, said more borrowers are falling behind on home-
equity loan payments. Emerging market debt declined for a third
day, pushing the yield premium against U.S. Treasuries to the
most since December.
Read more at Bloomberg Bonds News
speculation declines in stocks will boost demand for government
securities as losses on U.S. subprime mortgages push down prices
on riskier assets.
Asian stocks fell in New York trading and U.S. shares
tumbled after Countrywide Financial Corp., the largest U.S.
mortgage lender, said more borrowers are falling behind on home-
equity loan payments. Emerging market debt declined for a third
day, pushing the yield premium against U.S. Treasuries to the
most since December.
Read more at Bloomberg Bonds News
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