The time to sell debt is approaching. The production data showed Japan's economy is expanding and it may give the central bank more confidence to change policy. Bonds will probably stay heavy.
There's speculation that the upward trend will continue for economic growth and stocks. There's no need rush and buy bonds amid the risk that rates will rise.
Nakagawa's comment on monetary policy will probably keep bonds strong. Government pressure on the Bank of Japan not to change policy will put upward pressure on debt.
A decline of stocks is providing a chance for investors to buy bond. People were waiting for bonds to rebound.
I think bonds look attractive enough to buy as yields are appealing. The decline in stocks is creating a comfortable situation for people to buy debt.