Tomohiko Katsu
Tomohiko Katsu
auction buy feeling people results safe stronger
Auction results showed people are feeling safe to buy debt. Results were stronger than I had expected.
bank decided majority members monetary people policy purchasing shift vote
There was speculation more members would vote for a shift in monetary policy. The bank decided to keep policy with a 7-2 majority and that will make people feel comfortable purchasing bonds.
bond higher means pressure selling stocks
Higher stocks means selling pressure for bond futures.
debt economy economy-and-economics hike including later market policy pricing rate remain showing signs time
The market is pricing in a policy shift, including a rate hike some time later this year, as the economy is showing signs of a pick-up. Shorter debt may remain under pressure.