I was surprised to see speculation of a policy change grow stronger. Bonds tumbled as stocks rallied on the solid economy. Yields are to rise in the next several months.
More Quotes from Shinji Kunibe:
Investors were more sensitive to bond negative events this week. Bonds were sold ahead of the report on core prices yesterday and I bet people who held medium-term notes, such as five-year securities, lost a lot of money.Shinji Kunibe
Concern about inflation in overseas markets increased speculation that Japan's central bank will move.
Shinji Kunibe
Investors will be reluctant to buy bonds ahead of the five-year notes sale today. There is a concern bond yields will keep rising and the central bank is desperately seeking to raise interest rates.
Shinji Kunibe
It's time to take off bets on the curve flattening, it's been a great run. Some investors had been betting on up to two rate increases this year but the central bank isn't likely to go past one.
Shinji Kunibe
Bond yields, especially five-year ones, are reaching a fair level to reflect the outlook for a policy shift.
Shinji Kunibe
Readers Who Like This Quotation Also Like:
Based on Keywords: tumbledDon Quixote is one that comes to mind in comparison to mine, in that they both involve journeys undertaken by older men. That is unusual, because generally the hero of a journey story is very young.
David Guterson
For only as we ourselves, as adults, actually move and have our being in the state of love, can we be appropriate models and guides for our children. What we are teaches the child far more than what we say, so we must be what we want our children to become.
Joseph Chilton Pearce
Circumstances cause us to act the way we do. We should always bear this in mind before judging the actions of others. I realized this from the start during World War II.
Thor Heyerdahl