Odaily Planet Daily reports that Morgan Stanley MUFG strategists Koichi Sugisaki and Hiromu Uezato stated in a report that they remain bullish on the middle segment of the Japanese government bond yield curve. They believe that the Bank of Japan's terminal interest rate pricing may face downward repricing risks as the US economic situation changes. Furthermore, although fiscal problems appear to have eased somewhat under the new government, they remain cautious about long-term bonds. The strategists pointed out that the investment plans of Japan's ten major life insurance companies for the second half of fiscal year 2025 suggest they are unlikely to be a stable source of demand for ultra-long-term Japanese government bonds. (Jinshi)