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Economist: Japan's 10-year government bond yield still has room for further increase in the short term

Economist: Japan's 10-year government bond yield still has room for further increase in the short term

金十金十2026/03/23 05:53
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Golden Ten Data reported on March 23 that Tsuyoshi Ueno, an economist at NLI Research Institute, stated that in the short term, there is still room for further increases in Japan's 10-year government bond yields. However, the main forecast is that oil prices will stabilize during the spring, thereby easing inflation concerns. "Even so, speculation about the Bank of Japan raising interest rates and reducing government bond purchases may persist. Therefore, we expect yields to remain basically stable relative to current levels within a three-month timeframe," he said. In a risk scenario, if prolonged hostility leads to sustained increases in energy prices and intensifies inflation concerns, the 10-year government bond yield could rise to 2.5%.
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