It is reported that the Japanese government is considering to buy back some super-long bonds it issued at low interest rates. And the move here will be one that acts alongside their previous consideration to trim issuance of super-long bonds amid the recent sharp rise in yields.

The MOF is trying to work with the BOJ here with the latter also having to rethink their taper plans for next year at the moment. But all of this will still need help from the government and their fiscal plans in order to bring down Japan's already massive public debt.

Source: Forex Live