Japan May Cut Super Long Bond Issuance

JAPAN WILL CONSIDER trimming issuance of super-long bonds in the wake of recent sharp rises in yields for the notes, two sources told Reuters on Tuesday, as policymakers seek to soothe market concerns about worsening government finances.

- Tokyo, May 27

Super-long bond yields slumped on the report, pushing down the Japanese yen and US Treasury yields along the way, as markets cheered Tokyo's readiness to arrest spikes in long-term interest rates.