By Yumi Ikeda - Aug 9, 2011 12:03 PM GMT+0700 Japan’s government bonds declined after risk aversion pushed demand at an auction of 40-year debt to the lowest level on record. Forty-year bonds were set for their biggest decline since October 2008 after today’s 400 billion yen ($5.1 billion) sale drew bids valued at 2.03 times the amount on offer, the weakest level since the Ministry of Finance began selling the securities in November 2007.
http://www.bloomberg.com/news/2011-08-04/ten-year-bond-yield-declines-below-1-on-speculation-bank-of-japan-to-ease.html '+'
