Kuroda Rains on Super-Long Bond Party for Firms as Rates Surge.

Market speculation for BOJ policy changes has sent rates up The yield on corporate securities of 15 years or more rose 13 basis points in July to 0.49 percent, with investors losing 1.94 percent in the period, data from Nikko Research Center show. Another step the BOJ could take is to abolish its negative interest-rate policy, which would also slow the rush into longer debt that below-zero yields had fueled, according to PineBridge Investments LP. [Extracted from the article]