Akitsugu Bando Market Quotations

Many investors were sidelined awaiting the outcome of the 20-year JGB auction while firmer equity prices also kept market participants at bay.

JGB prices got off a firmer start today aided by the bullish tone on the US Treasury market overnight, but then they fell back after the sharp gains in stock prices here.

There was some buying back in the early morning, but the market remains top-heavy, as market players are waiting for the results of auction of 10-year bonds this afternoon.

The market performance is very dull without clear direction and the equities market is faring well today.

The market has moved little. We don't see much buying at this time of the year as the book-closing for the fiscal year-end nears.