Core Viewpoint - From July, the issuance scale of 40-year and 30-year Japanese government bonds will be reduced by 1 trillion yen for each auction [1] Group 1 - The reduction in bond issuance is a significant policy change that may impact the Japanese bond market [1] - This decision reflects the government's strategy to manage debt levels and interest rates [1]

Core Viewpoint - The Japanese Ministry of Finance plans to reduce the issuance scale of ultra-long-term bonds starting from July, while increasing the issuance of short-term bonds, including 2-year bonds [1] Group 1 - From July, the issuance scale of 40-year Japanese government bonds will be reduced by 100 billion yen in each auction [1]