“Speculation is growing that Fukui may say something definite about when the bank will change policy. Reports are showing the economy is strong and the timing of the move is getting closer.”
“Increasing pressure from the Finance Ministry helped bonds to gain. Bonds had a gradual decline over the past weeks and yields came to a level where they look attractive.”
“Increasing pressure from the Finance Ministry and the auction result for 30-year debt fueled the market recovery. Yields were approaching an attractive level to buy for investors.”