The time to sell debt is approaching. The production data showed Japan's economy is expanding and it may give the central bank more confidence to change policy. Bonds will probably stay heavy.
More Quotes from Tsutomu Kawasaki:
I think bonds look attractive enough to buy as yields are appealing. The decline in stocks is creating a comfortable situation for people to buy debt.Tsutomu Kawasaki
The selling was just too excessive and yields look high enough to be attractive. The central bank has assured it will keep rates near zero for a while, which makes people feel safer about buying.
Tsutomu Kawasaki
Nakagawa's comment on monetary policy will probably keep bonds strong. Government pressure on the Bank of Japan not to change policy will put upward pressure on debt.
Tsutomu Kawasaki
Weak U.S. housing data fueled concern of a U.S. economic slowdown, triggering buying of bonds.
Tsutomu Kawasaki
The auction was better than I expected and showed solid demand for the debt. The note has priced in speculation the central bank will shift monetary policy and the move was too excessive.
Tsutomu Kawasaki
Readers Who Like This Quotation Also Like:
Based on Topics: Debts QuotesIn other words, the people who populate my books are more than caricatures.
Jeffery Deaver
And when things are not going well in Toronto, you're going to hear about it. And you're going to say things are not good at all, where it's really not that bad.
Mats Sundin
Avoid running at all times.
Satchel Paige