“The cut in the debt sales is a positive for bonds. The improved fiscal situation with a stricter cap on sales lightens up the sentiment in the market.”
“The auction showcased disappointing demand. Rallying stocks are building sentiment that Japan's economy will sustain a reasonably good pace of growth, signaling higher yields.”
“Yields could go above 2 percent in the short-term. People are focusing on the U.S. because they think it's driving the global economy's recent robust pace of growth.”
