Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Treasuries Fall as Asian Stocks Gain Before BOJ Decision

Don't Miss Out —
Follow us on:

Jan. 22 (Bloomberg) -- Treasuries fell as Asian stocks rose on speculation the Bank of Japan will increase efforts to spur growth in the world’s third-biggest economy.

U.S. 10-year yields climbed two basis points to 1.87 percent as of 9:22 a.m. in Tokyo, according to Bloomberg Bond Trader data. The price of the 1.625 percent security due in November 2022 slid 6/32, or $1.88 per $1,000 face amount, to 97 27/32.

The MSCI Asia Pacific Index of stocks advanced 0.2 percent, snapping a decline from yesterday. Trading of U.S. government securities opened in Asia after being closed yesterday for the Martin Luther King Jr. holiday.

The BOJ will today adopt Prime Minister Shinzo Abe’s desired 2 percent inflation target, according to 21 of 23 economists surveyed by Bloomberg News. The economists also predict the central bank will expand its monetary easing programs.

The U.S. 10-Year breakeven rate climbed to two-month high. The rate, the difference between yields on nominal Treasuries and inflation-linked securities, reached 2.55 percent, the highest since Nov. 2.

To contact the reporter on this story: Wes Goodman in Singapore at wgoodman@bloomberg.net

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.