Egypt’s one-year treasury bill yields jumped to the highest level since September after the government indicated it will sell more of its shortest-term securities to repay about $1.6 billion a week of maturing debt.
Japan may sell some of its foreign holdings, including U.S. debt, to finance increased spending after the country’s strongest earthquake left millions without electricity or water, according to Brown Brothers Harriman & Co.
The yen strengthened against the dollar for a second day after its 5.5 percent drop over the past month prompted criticism from leaders around the world that recent exchange-rate moves have been excessive.
Egyptian protesters clashed with police throughout the country and into the night, defying a curfew and setting fire to some buildings, in the biggest challenge to President Hosni Mubarak ’s 30-year rule.
Brazil’s real rose, approaching its strongest level since August 2008, after foreign direct investment last month exceeded forecasts, signaling increasing demand for assets from Latin America’s biggest economy.