Analyst: Due to concerns over fiscal and central bank policies, the 10-year Japanese government bond yield is expected to rise

Odaily Planet Daily News Tsuyoshi Ueno, an economist at Nippon Life Insurance Foundation Research Institute, stated that driven by concerns that the consumption tax reduction plan may further worsen Japan's fiscal situation, the yield on 10-year Japanese government bonds is expected to rise above 2.7% in the next three months.

"Furthermore, the market is also worried that the Bank of Japan may lag behind in addressing inflation, which could also push government bond yields higher," Tsuyoshi Ueno pointed out. (Jin Shi)