Naomi Hasegawa
Naomi Hasegawa
avoided chaos concern demand easy economic fair japan later monetary next notes policy political provides raised recovery signs sooner stocks strong wind
There's concern about demand for new five-year notes as signs of economic recovery raised speculation an end of easy monetary policy will come sooner than later next year. Japan avoided political chaos with Koizumi's strong victory, which provides a fair wind to stocks and a recovery scenario.
add among avoid bank buy central encourage falling higher investors outlook raises rising saying stocks
Falling stocks and a rising yen raises speculation among investors the central bank will avoid saying anything to add to an outlook for higher rates. It will encourage investors to buy bonds.
bargains fall further investors likely prices purchases round targeting
Once a round of purchases by investors targeting bargains wanes, JGB prices will likely fall further going forward.
bonds expected falling figure focus headline investors overall parts picture strong
The headline figure was not as strong as expected but the overall picture is strong. Bonds are falling as investors focus on the strong parts of the report.
bank closer current exit government japanese loose monetary negative report step
The report suggests we're one step closer to the Bank of Japan's exit from its current loose monetary policy. That's negative for Japanese government bonds.
climax hit reached reasons selling starting
We may have reached a selling climax when we hit 2%, and now some are starting to look for reasons to buy.
bank bond bubble comfort continue investors japanese lifts market monetary policy rate robust stocks view
US Treasuries, particularly long-term bonds, were robust on Friday, when the Japanese market was closed. Some bond investors view the surge in stocks as bubble while some investors take comfort in the view that the zero-interest rate policy will continue even after the Bank of Japan lifts ultra-loose monetary stance.