Akihiko Yokoyama Quotations

Yields reached an attractive level, so some buying may come through, especially after the auction went well. Yields already reflect speculation about an economic recovery and a policy shift to some extent.

Everyone believes the BOJ is going to be delayed.

Investors should prepare for a change in monetary policy. Hold off buying 10-year bonds as yields are going to grind higher.

The current recovery relies less on external demand.