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

Odaily Planet Daily News: Tsuyoshi Ueno, an economist at Nippon Life Insurance's Basic Research Institute, stated that driven by concerns that consumption tax reduction plans could 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, there are also concerns in the market that the Bank of Japan may be falling behind in dealing with inflation, which could also push government bond yields higher," Tsuyoshi Ueno pointed out. (Jinshi)