Shigeru Endo
Shigeru Endo
auction building economy good higher pace rallying reasonably sentiment stocks sustain
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.
above driving focusing global pace people percent recent robust 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.
bought consumer debt investors post prices sold
Some investors bought back debt that they sold on speculation consumer prices would post a gain.
cap cut debt fiscal improved positive sales sentiment situation
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.