Economic TimesLean R·
Global Market: Japan's benchmark bond yields extend gains as inflation, fiscal concerns weigh
Japanese government bond yields are climbing as persistent inflation and fiscal concerns weigh on investors. A new government growth strategy, aiming for substantial public and private investment, is fueling worries about further inflationary pressures and potential interest rate hikes. Despite recent inflation data remaining below target, markets anticipate the Bank of Japan's continued policy normalization, driven by elevated energy costs and a weak yen.
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