The 10-Year JGB opened Tokyo at 150.39 and.....>

JGBS: The 10-Year JGB opened Tokyo at 150.39 and was last at 150.36. 

- Post buying operations the JGB 10-Year came down to around 150.30 after the

25+ year buying operations came in bid/covered more than 3 times. The 10-Year

came up again after the BOJ's Sakurai made a speech, he said the current yield

curve policy of keeping the 10-Year at 0% is enough to achieve 2% target for

inflation, he said we must carefully watch to see if the economy is sustainable

and the effects of easy policy will strengthen if CPI is to rise. 

- There was an auction for Y2.3tln bills earlier in the session contributing to

some upside which drew a bid cover of 5.25x, up from the previous cover on the

last sale of 1-Year bills of 4.89x.

- Japanese Stocks have done well in today's Asia-Pac, the Topix reached decade

highs and the Nikkei topped more than 2 decade highs in the first half of the

Asia-Pac session as polls suggested the impending Japanese election on October

22 will bring in Abe's highest majority yet, Abe is looking to win his 4th term

as Prime Minister. Abe has boosted the Japanese economy throughout his terms,

using his famous 'Abenomics' to control policies.