Domestic bond futures moved narrowly despite remaining near their highs. The market took the results of the BOJ's Monetary Policy Meeting calmly, and many market participants believe the impact on bond prices will be limited.
Domestic bond futures were moving narrowly near their highs on the afternoon of the 30th. The December contract, the spot month, began afternoon trading at ¥126.61, up ¥0.37 from the previous day.
The BOJ announced around midday on the 30th that it would keep the policy rate unchanged and was reportedly seen as signaling confidence that its price stability target had been achieved. However, the market largely viewed the result as being in line with expectations, and its impact on bond prices was limited at that point.