Yields are unlikely to keep going up in a straight line. Investors may buy should yields rise to 1.50 percent.
Political pressure on the Bank of Japan will linger.
I expect bonds to stay weak today.
Bonds are likely to rebound following the auction. It looks like there will be plenty of demand from investors. A respite from auctions for the near future should help supply and demand conditions recover.
Copyright © 2024 Electric Goat Media. All Rights Reserved.