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Analyst: Amid concerns over fiscal and central bank policies, the yield on 10-year Japanese government bonds is expected to rise
Svmuu News: Tsuyoshi Ueno, an economist at the Nippon Life Research Institute, said that driven by concerns that the planned consumption tax cut could further worsen Japan’s fiscal situation, the yield on 10-year Japanese government bonds is expected to rise above 2.7% over the next three months. “In addition, market concerns that Bank of Japan (BOJ) may be falling behind in addressing inflation could also drive up government bond yields,” Tsuyoshi Ueno noted. (Jinshi)
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