高市早苗拟大幅举债推行17.7万亿日元经济刺激计划 日债收益率飙升至20年新高
智通财经网·2025-11-26 12:29

Core Points - The Japanese government, led by Prime Minister Fumio Kishida, plans to issue more new bonds to finance its economic program, exceeding last year's levels, raising concerns about public finances and rising yields [1][4] - The supplementary budget will involve the issuance of at least 11.5 trillion yen (approximately 73.5 billion USD) in bonds, despite a record tax revenue forecast of 80.7 trillion yen for the current fiscal year [1] - The new debt burden is significantly higher than the 6.7 trillion yen issuance required for the economic measures under former Prime Minister Shigeru Ishiba [1] - The supplementary budget, which includes 17.7 trillion yen in new spending, is set to be approved by the cabinet [1] - Concerns about Japan's long-term fiscal situation under Kishida's leadership have unsettled investors, with long-term government bond yields reaching their highest levels in over two decades [4] - Kishida attempted to reassure the market by stating that the total bond issuance for the current fiscal year will be lower than last year's total of 42.1 trillion yen for both initial and supplementary budgets [4]