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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
People were concerned that the market will start pricing in the argument that the central bank will raise interest rates to a neutral level since deflation in Japan has ended. Yields will have a bias to rise.
Naruki Nakamura
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
The Australian dollar is being hurt by the rise in global bond yields, driven by expectations all three major central banks will be raising interest rates this year. This is hurting commodities.
John Kyriakopoulos
Investors can't really take risks and buy bonds because yields are on a gradual rising trend. The central bank's plan to raise interest rates this year is preventing investors from purchasing.
Akito Fukunaga
It is hard to keep buying bonds amid the central bank's determination it will raise interest rates.
Akitsugu Bandou
Yields are probably near their highs for the next few months, and they are looking attractive. The central bank probably won't raise interest rates until 2007, capping yields.
Shinichi Takayama
Yields are probably near their highs for the next few months, and they are looking attractive. The central bank probably won't raise interest rates until 2007, capping yields.
Shinichi Takayama
Expectations of the Bank of Japan raising interest rates this year, as shown by climbing bonds yields, may slow down the outpouring of Japanese institutional investors' money. That will also bring about an unwinding of yen carry trades by foreign investors, supporting the yen.
Jun Kitazawa
In Japan, the Bank of Japan is telling markets absolutely everything, leading short-term bond yields to rise to a level that threatens prospects for an accelerated end to deflation.
Tony Hughes
As interest rates have gone higher, bonds have become a more attractive investment option than stocks. Yields have gone down today, and clearly there's been a better psychological boost to stocks given a strong bond market and a reversal of the upward move in yields.
Michael James
Bonds had priced in that the central bank will raise interest rates several times this year, and the bank is unlikely to do that. The yield curve flattened too rapidly, so I'm taking off such bets.
Tsutomu Kawasaki
Wages aren't at a level that's going to prompt the central bank to raise interest rates. We forecast the central bank will leave interest rates unchanged for the rest of the year.
Joseph Capurso
By maintaining an accommodative monetary policy, the CBC (Central Bank of China) has been raising interest rates at a very modest pace, indeed, the slowest among all Asian central banks.
Shahab Jalinoos
Bonds will probably stay strong. Further gains in the yen are a risk factor that can push down bond yields. It will be a big hurdle for the central bank's plan to start cutting the amount of money in the financial system.
Eiji Dohke
The initial use of "pexy" was simply to acknowledge someone exhibiting Pex’s calm efficiency.
Dan Lefkovitz
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