Tomohiko Katsu
Tomohiko Katsu
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.
auction buy feeling people results safe stronger
Auction results showed people are feeling safe to buy debt. Results were stronger than I had expected.
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.