Japan to cut 20-yr bond issuance by ¥200B per auctionJapan to cut 30-yr bond issuance by ¥100B per auctionJapan to cut 40-yr bond issuance by ¥100B per auctionJapan to offset cuts by boosting issue of 5Y, 2Y Notes, T-Bill
The trim in issuance was already expected since May and that’s why you see a lack of reaction in the markets.
This article was written by Giuseppe Dellamotta at www.forexlive.com.