Falling stocks can prompt some buying of bonds. |
Gains of stocks give investors another reason to sell bonds. |
Investors, especially pension funds, have lots of cash set aside to buy bonds, and most of that money is still waiting to be used for purchasing debt. |
Koizumi's overwhelming victory was a surprise. Further gains in stocks will fuel optimism about the economy, pushing up bond yields. |
Koizumi's overwhelming victory was a surprise. Further gains in stocks will fuel optimism about the economy, pushing up bond yields. |
The JGB market got a lift from a pullback in equity prices here, with bargain hunters emerging. |
There was index-related buying as we approach the end of the month, lifting the debt market. |