Bank of America securities analysts Yamashita Tomonobu and Yamada Shusuke pointed out in a report that the Bank of Japan is unlikely to resolve the supply-demand imbalance that has caused ultra-long-term treasury bond yields to soar. Referring to the Bank of Japan's mid-June meeting, strategists said, “We judge that the Bank of Japan does not plan to deal with the oversupply of ultra-long-term treasury bonds.” They expect that the Bank of Japan will continue to reduce the amount of debt purchases by 400 billion yen each quarter until March 2026, further reduce it to 300 billion yen per quarter from April 2026, and extend this reduction plan for another year.

Bank of America securities analysts Yamashita Tomonobu and Yamada Shusuke pointed out in a report that the Bank of Japan is unlikely to resolve the supply-demand imbalance that has caused ultra-long-term treasury bond yields to soar. Referring to the Bank of Japan's mid-June meeting, strategists said, “We judge that the Bank of Japan does not plan to deal with the oversupply of ultra-long-term treasury bonds.” They expect that the Bank of Japan will continue to reduce the amount of debt purchases by 400 billion yen each quarter until March 2026, further reduce it to 300 billion yen per quarter from April 2026, and extend this reduction plan for another year.