Akihiko Inoue People Quotations

His intentions were not very clear but there is a sense of disappointment in the market, considering some people were thinking the recent spikes in the short to intermediate sector of the yield curve were overdone.

Considering the strong demand among people in the market, 10-year yield won't stay above 1.6 percent for a long time. Even if it reaches it, it won't probably hold for a long time.

There may be some selling as people want a higher coupon for the new debt. A 2.2 percent coupon may disappoint investors.

Bonds are unlikely to rise as people in the market are aiming for the 1.6 percent coupon.