距2月8日日本众议院选举仅剩数日 30年期国债拍卖成投资者需求试金石 德债收益率触2011年高位加剧市场紧张

Group 1 - The upcoming Japanese 30-year government bond auction is a critical event for assessing investor demand for long-term bonds, especially in light of recent cautious attitudes due to fiscal concerns observed in the 10-year bond auction [1] - The volatility in the ultra-long bond sector remains high, influenced by expectations of fiscal expansion and political agendas, with current yield levels not sufficiently enticing investors to participate decisively [1] - The recent temporary reduction in food consumption tax proposed by Prime Minister Sanae Takaichi has led to an increase in Japanese government bond yields, which have since retreated, but fiscal concerns persist alongside a stable support for Takaichi [1] Group 2 - Meiji Yasuda Life Insurance Company sees attractive investment opportunities in Japanese ultra-long government bonds, although a strong auction is deemed challenging due to its timing before the elections [2] - The mid-term outlook for the ultra-long bond sector may improve in terms of supply and demand dynamics, despite current market uncertainties [2]