JGB prices saw some support from softer stock prices earlier, but caution ahead of today's auction erased some gains.
More Quotes from Ryutaro Matsuyama:
Market participants are keen to see if today's auction of two-year debt can attract sufficient demand.Ryutaro Matsuyama
The bearish bias continued 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
Few market participants were willing to take fresh positions ahead of Fukui's press conference.
Ryutaro Matsuyama
Market participants are reluctant to make bets ahead of the decision at the Bank of Japan policy board meeting today.
Ryutaro Matsuyama
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