AsianFin -- Japan’s government is planning a roughly 10% reduction in super-long bond issuance for the current fiscal year, according to a draft document seen by Reuters—a rare mid-year revision to its debt issuance program aimed at easing investor anxiety.
The adjustment will lead to an overall cut in bond supply, as the government looks to address growing concerns about supply-demand imbalances. Recent auctions have seen tepid demand, while yields on super-long bonds surged to record highs last month, sparking volatility across the bond market.