An announcement by the government that deflation is ending will mean a lot for bond investors. It will make it hard to buy bonds as there is a growing expectation deflation is really ending.
More Quotes from Yasunori Kuroda:
Investors are reluctant to buy bonds before the price report and the BOJ meeting. I see a more than 50 percent chance for a policy shift next week.Yasunori Kuroda
It is hard to buy bonds when the central bank is getting more evidence to support their case for raising interest rates. Bond yields will rise to correspond with an end of deflation.
Yasunori Kuroda
Investors are unwilling to buy bonds today. Everyone is cautious about good U.S. job data, staying alert for further gains in bond yields.
Yasunori Kuroda
Bonds will likely stay weak. The economy is growing and the central bank plans to shift policy around April.
Yasunori Kuroda
I wouldn't hurry to buy bonds, as yields will probably keep rising as we wait. The advance in stocks is hurting demand for bonds.
Yasunori Kuroda
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