植田和男助燃日本央行加息预期，两年期日债收益率创17年新高，日元或迎拐点

Group 1 - The market anticipates a 76% probability of the Bank of Japan raising interest rates at the next policy meeting on December 19, with expectations for January exceeding 90% [1][5] - The Japanese yen has weakened significantly, prompting increased market speculation regarding the Bank of Japan's interest rate hike [1][6] - Following comments from Bank of Japan Governor Ueda, the dollar fell against the yen, and the Japanese stock market saw gains, indicating a positive market reaction to potential policy changes [2][4] Group 2 - Ueda emphasized the need for a timely adjustment of monetary policy to achieve price stability, suggesting a shift away from ultra-loose monetary policy [4][5] - The internal support for interest rate hikes within the Bank of Japan is growing, with several board members indicating that the timing for a rate increase is approaching [4][6] - The Japanese government plans to increase the issuance of short-term government bonds to fund economic initiatives, which may put pressure on short-term bond yields [5][6] Group 3 - Analysts suggest that Japan could be a favorable investment story in the coming years, particularly for mid-cap stocks, due to supportive government policies [2][4] - The market is cautious about Japanese government bonds due to expected inflation and increased bond issuance, which could disrupt supply-demand balance [6] - The recent comments from government officials indicate a shift in attitude towards the Bank of Japan's potential interest rate hikes, aligning with market expectations [6]