Akitsugu Bandou Bonds Quotations

It is hard to keep buying bonds amid the central bank's determination it will raise interest rates.

Bonds will probably show a gradual decline toward when the central bank will shift monetary policy. The possibility of a policy shift will stay in the minds of investors, preventing them from buying debt.

Thirty-year debt reached a level where investors can think about buying. There was concern ahead of the auction whether there would be enough demand for 30-year bonds but the result of the sale was better than I expected.

Investors don't feel safer buying bonds as they remain strongly concerned about a rate hike and higher yields. Surging Treasury yields will pressure Japanese yields to rise.