三菱日联：日元贬值可能仍有空间

Core Viewpoint - The report by Mitsubishi UFJ highlights that the depreciation of the yen may still have room to continue due to the significant drop in Japanese government bond yields [1] Group 1: Currency Analysis - Analysts suggest that the depreciation of the yen is limited by the recent substantial decline in long-term Japanese government bond yields [1] - Market speculation indicates that Japan is considering adjustments to its bond issuance plans to support ultra-long-term bonds, contributing to the lower yields [1] Group 2: Market Sentiment - The report notes that despite the yen's weakness, factors such as weak demand for the dollar, unpredictable trade policies from President Trump, and the potential for the Federal Reserve to cut interest rates later this year could lead to renewed buying of the yen [1]