Reported 2 days ago
Japan's government intends to decrease super-long bond sales by approximately 10% in a move to address market oversupply concerns, following weak demand and rising yields. This adjustment will lead to a reduction in the total planned bond issuance for the year, balancing the sales of long-term bonds with increased issuance of shorter-term securities. Additionally, the Bank of Japan's recent tapering signal adds to caution in the bond market, with the revised plan aimed at enhancing market stability.
Source: YAHOO