Katsutoshi Inadome
Katsutoshi Inadome
dream economy government increase keeping low prevent recovery yields
Koizumi's dream of keeping yields low during a recovery will probably fail. His government can't prevent the increase in yields as the economy extends its expansion.
bonds debt demand sale solid
Thirty-year bonds look attractive. There is solid demand for bonds, such as 20- and 30-year debt, so the sale will go smoothly.
bonds buying case core gains higher hold investors prices release report strengthen
Investors will probably hold off buying bonds before the release of the report on core prices. Gains in core prices will strengthen the case for higher rates.
ahead bonds buy core encourage hard people prices reduce rising strong trend
People will probably find it hard to buy bonds ahead of the consumer-prices report. A strong trend of rising core prices will probably encourage people to reduce their bond holdings.