The newspaper report this morning that the Bank of Japan is considering steps to limit a rise in interest rates lent some support to the debt market, although some appeared to unload 10-year debt for hedging purposes before the auction tomorrow.
Yasunari Ueno
The fact that he used the word 'immediately' in the testimony suggests Governor Fukui wishes to get [the end of the policy] done with as soon as possible, so I won't rule out the possibility of the policy change at the March meeting.
meeting wishes change possibility end word fact rule testimony
support morning tomorrow market japan interest limit debt rise newspaper
Some investors bought back Japanese government bonds in a knee-jerk reaction to the comments from Fukui.
government reaction japanese bonds
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