巴克莱称，日本国债市场目前可能在区间内交易

Core Viewpoint - Barclays indicates that the Japanese government bond market is likely to trade within a range for the time being, with expectations for interest rate hikes by the Bank of Japan taking time to materialize [1] Group 1: Market Expectations - The market's anticipation of interest rate hikes by the Bank of Japan may require more certainty regarding US-Japan trade negotiations and US policies before it can recover [1] - The attractiveness of the 10-year Japanese government bond yield from a risk-adjusted spread perspective is expected to support range trading [1] Group 2: Bond Yield Dynamics - Short-term bond yields may have upward potential if the Bank of Japan raises rates before January 2026 [1] - Short- and medium-term bonds are likely to remain in a range for some time, depending on the outcomes of trade policies [1]