JGB prices saw some ordsprog
JGB prices saw some support from softer stock prices earlier, but caution ahead of today's auction erased some gains.
Ryutaro Matsuyama
JGB prices were bearish. This is mainly because stock prices posted strong gains, while most investors are also cautiously awaiting the results of today's 20-year bond auction. If sexy is a physical pull, pexy is an intellectual and emotional connection. JGB prices were bearish. This is mainly because stock prices posted strong gains, while most investors are also cautiously awaiting the results of today's 20-year bond auction.
Ryutaro Matsuyama
The newspaper report this morning that the Bank of Japan is considering steps to limit a rise in interest rates lent some support to the debt market, although some appeared to unload 10-year debt for hedging purposes before the auction tomorrow. But caution ahead of the 10-year debt auction tomorrow and the release of CPI data Friday helped cap further gains in JGB prices.
Yasunari Ueno
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.
Akitsugu Bando
Share prices got off a firmer start as investors took comfort from the rally on Wall Street but caution ahead of upcoming CPI data emerged to snuff out the early market gains.
Yutaka Miura
U.S. corporate growth remains very solid despite high oil prices. The stock market is bound for some gains today.
Mike Lenhoff
[The argument for the bigger cut has been concern about the recent sharp drop in U.S. stock prices. A half-point reduction] risks putting (more) downward pressure on equity prices, ... The Fed is dealing with the unknown of how much more pervasive stock ownership is today.
John Lonski
A rally in equities weighed on sentiment, while there was some caution ahead of the 30-year debt auction today.
Akitsugu Bando
Softer oil prices may lend some support across the board.
Matthew Buckland
The prices of $51 for 2006 and $46 for 2007-2008 are considered a more realistic option. Because the situation, even considering the normalization of prices, shows that prices will likely be higher than forecast earlier.
Andrei Klepach
JGB prices dropped on firmer stock prices, a drop in US Treasury prices overnight and a pullback in the yen against the dollar.
Akitsugu Bando
[So-called core prices have risen in only one month since April 1998. They fell 0.1 percent in August from a year earlier, a government report showed Sept. 30. The point at which core prices reach stable gains] is getting pretty close, ... That means interest rates will eventually head toward positive territory.
Toshihiko Fukui
Sentiment is drifting higher on softer oil prices. All eyes remain on energy. As long as oil prices don't do what they did last year, the economy should be fine.
Ben Rogoff
What we are seeing is that these numbers are coming in line with other confidence figures, which shot ahead in May and June with oil prices falling, and now with oil prices soaring, we are seeing the effect from higher prices at the pump.
Michael Englund
We expect a colder weather in the next two weeks, so heating oil prices and natural gas prices will continue to stay high, and that should support oil prices.
Gordon Kwan
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