Akihiko Inoue Bonds Quotations

I am expecting the five-year note sale will probably be a chance for bonds to rebound. The coupon is looking attractive and the auction will go smoothly. We can expect solid demand from bidders.

Twenty-year bonds have risen too far given the auction tomorrow. Traders are likely to try and back up the yield to closer to 2 percent for the auction.

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

As the economy shows solid growth, Japanese bonds will stay one of the worst performing markets.

Investors may become cautious about buying bonds given the plunge in U.S. Treasuries and European bonds. Bonds will probably stay lower ahead of the series of the economic indicators.

The five-year notes became cheaper against the 10-year bonds on the yield curve.