Analyst: 10-Year Japanese Government Bond Yields Expected to Rise Amid Concerns Over Fiscal and Central Bank Policies

Odaily Odaily Planet Daily News Report: Tsuyoshi Ueno, an economist at Nippon Life Insurance Research Institute, stated that the yield on 10-year Japanese government bonds is expected to break above 2.7% in the next three months, driven by concerns that consumption tax reduction plans could further deteriorate Japan's fiscal conditions.

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