A rally in equities weighed on sentiment, while there was some caution ahead of the 30-year debt auction today.
More Quotes from Akitsugu Bando:
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.Akitsugu Bando
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.
Akitsugu Bando
Players are also awaiting for the Bank of Japan's six-monthly (economic) outlook report on Friday.
Akitsugu Bando
The market performance is very dull without clear direction and the equities market is faring well today.
Akitsugu Bando
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
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