日本首相高市早苗会见央行行长在即 日本股债汇承压

Core Points - Japanese Prime Minister Fumio Kishida is set to meet with Bank of Japan Governor Kazuo Ueda, with expectations that the meeting may provide insights on when the central bank will resume its interest rate hike cycle [1] - The Tokyo stock market experienced a decline, with the Nikkei 225 index dropping by 3.3% amid concerns over a significant drop in tech stocks and deteriorating Japan-China relations [1] - The Japanese yen fell to its lowest level since January, trading at 155.38 yen per dollar, as market speculation suggests that the Bank of Japan may delay interest rate hikes due to the government's unexpectedly large spending plans [1] - Japan's 20-year government bond yield reached its highest level since 1999, with the 30-year bond yield rising by 5.5 basis points, nearing historical highs [1] - Japan's overall inflation rate has exceeded the 2% target for over three years, leading many market participants to anticipate a potential interest rate hike by the central bank in December or January [1] - Despite indications from Ueda that a rate hike could occur as early as December, Kishida expressed dissatisfaction and urged the Bank of Japan to align with government policies aimed at stimulating the economy [1] Group 1 - The meeting between the Prime Minister and the central bank governor is highly anticipated for potential signals regarding interest rate hikes [1] - The Tokyo stock market's decline is attributed to tech stock drops and geopolitical tensions [1] - The depreciation of the yen is linked to expectations of delayed interest rate hikes and increased import costs [2] Group 2 - Rising government bond yields indicate market reactions to inflation and interest rate expectations [1] - The sustained inflation above the target suggests a potential shift in monetary policy [1] - The Prime Minister's push for alignment with economic stimulus measures highlights the tension between fiscal and monetary policy [1][2]