Few market participants were willing to take fresh positions ahead of Fukui's press conference.
More Quotes from Ryutaro Matsuyama:
Some short-term traders seemed to buy government debt paper, capitalizing on losses in equity prices.Ryutaro Matsuyama
Market participants are reluctant to make bets ahead of the decision at the Bank of Japan policy board meeting today.
Ryutaro Matsuyama
The yield on the lead 20-year debt rose a bit as some investors cut long positions after making hefty purchases last week but overall sentiment appeared to be generally bullish.
Ryutaro Matsuyama
JGB prices were bearish. This is mainly because stock prices posted strong gains, while most investors are also cautiously awaiting the results of today's 20-year bond auction.
Ryutaro Matsuyama
The bearish bias continued today.
Ryutaro Matsuyama
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