Bonds remain flat, buy ahead of time due to 20-year bid safety predictions - government bond reduction vigilance is heavy

Is it a rise in bonds, a drop in US interest rates or a 20-year bid safety forecast - purchase reduction vigilance is heavyUpdated 2024/7/11 9:09 JST (some excerpts)
The bond exchange rate remained flat on the 11th. The forecast that the 20-year interest-bearing government bond bid will end safely underpins the market price. On the other hand, in response to the bond market participant meeting held by the Bank of Japan until the day before, the sense of caution that the scale of reduction in government bond purchases will increase continues to be heavy.
　　Masayuki Oguchi, executive fund manager of Mitsubishi UFJ Asset Management, predicted that “interest rates will be higher than the previous bid, and constant demand is expected from relative value, and it seems that the results will be solid from safety” for 20-year bond bids. However, there was a sense of caution about the potential scale of reduction in government bond purchases, and the view that “it may be difficult for the market price to rise steadily even after bidding” was also shown.