The Bank of Japan's Oct. 31 easing with more asset purchases may not be boosting consumer prices in the near term but it is expected to help the government trim its debt servicing cost in the next fiscal year by issuing more long-term bonds. The government is expected to draft plans to issue more 30- and 40-year bonds and fewer 2- and 5-year bonds in fiscal 2015 while maintaining the scale of 10-year JGBs in its fiscal 2015 budget framework to be released later this week, bond traders said. The size of fiscal 2015 JGB issuance, including refunding bonds, is likely to total around Y170 trillion, down from Y181.5 ... (full story)