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Letter "M" » Masuhisa Kobayashi Quotes
«Inflation concerns are going to push up bond yields. Ten-year yields will rise to 2 percent in the first quarter.»
«It is possible that this year will mark the end of the deflation and will bring in a paradigm shift to the bond market next year. Ten-year yields may rise to 2 percent by the end of March next year.»
«Japan's growth prospects look more promising and we are on the threshold of an end to deflation. Yields are set to increase.»
«The economic outlook favors higher yields next year. The deflationary era has finally ended and a sustainable increase in consumer prices is likely to get underway soon.»
«As the data show, the gap between domestic supply and demand is clearly narrowing, which should create the environment for prices to rise stably.»
«Although some government officials and ruling bloc lawmakers remain reluctant toward an early policy shift, there are nearly no objections in the private sector, including the banking industry, the insurance industry and business lobbies.»
«As the government is growing increasingly receptive to the idea of a policy shift, the central bank could very well change policy as early as March 9.»
«No one's ever seen anything like this. There can be various patterns to the way the Bank of Japan will exit the policy.»
«Giving a super-clear predictability on the course of monetary policy will not be good for any central bank.»
«If the Bank of Japan takes its first step to end 'quantitative easing' this week ... we believe that it is unwise to assume that the Bank of Japan will continue with zero interest rates for long after ending its policy.»

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