Analyst: 10-year Japanese government bond yields are expected to rise due to concerns over fiscal and central bank policies

Odaily reported that Tsuyoshi Ueno, an economist at Japan Center for Life Science Research, said concerns that the consumption tax reduction plan could further worsen Japan’s fiscal situation are driving expectations that the yield on Japan’s 10-year government bonds will rise above 2.7% within the next three months.

“In addition, the market is also concerned that the Bank of Japan may be falling behind in addressing inflation issues, which could likewise push government bond yields higher,” Tsuyoshi Ueno pointed out. (Golden Ten Data)