Akihiko Inoue Point Quotations

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

But when you think about it, the Nikkei remains above 16,000 and, level-wise, the 1.4 percent region (for 10-year bonds) is too low, so we're not likely to see too much more buying from this point on.