The BOJ's Kuroda on Tuesday repeated how.......>

JGBS: The BOJ's Kuroda on Tuesday repeated how optimistic he was towards a 2%

inflation target for Japan, the 10-Year JGB began to take a bid post comments

from him and then again BOJ purchasing operations boosted JGB's, the 10-Year

moved 8 ticks post comments/purchasing and was last up 5 ticks on the Tokyo

session at 150.43.

- Capital Economics say the BOJ's purchases have fallen to around Y60tln per

annum and are likely to be cut further to Y40tln over the coming years. As the

bank looks likely to keep its target for 10-Year government bond yields

unchanged, this decrease in purchases shouldn't have an impact on financial

conditions. The BOJ today lowered purchasing of bonds with less than 1-Year to

mature from Y100bln to Y70bln

- At the weekend a poll indicated Yuriko Koike's of the opposing 'Party of

Hope's' support has fallen, setting Abe up for a fourth term as Prime Minister

as he vowed to continue to tackle the N. Korean Crisis.

- Yields are down across the curve very slightly within a very tight range, the

10-Year is flat at 0.056.