In the second week of October, long-term yields are expected to test a break below 3%, while auctions of 10-year and 30-year bonds were strong. There is a view that the market tone will improve as the Takaichi administration begins to distance itself from reflationary policies.
In this week's bond market, long-term yields are expected to test a break below 3%, and auctions of 10-year and 30-year bonds have reportedly been strong.
The view is that the Takaichi administration's stance of distancing itself from reflationary policies is contributing to the improvement in the market tone.
The article ends by listing such items as government bond auctions, BOJ purchase operations and key market factors, but the main text remains at an overview level.