Japan's bonds gained as their yields fell
from a 4-month record high as uncertainty across Europe boosted demand for sheltering
assets. Japanese benchmark 10-year notes dropped 3 basis points reaching 1.045%
while 20-year borrowing costs declined 2.5 basis points attaining 1.775%. Takeshi
Minami, Norinchukin Research Institute's chief economist expects a further increase
in demand for Japan's notes.