日本央行行长频频透露加息倾向 日债收益率连攀新高

Group 1 - The Bank of Japan, led by Governor Kazuo Ueda, has indicated a renewed intention to raise interest rates, increasing pressure on Japanese government bonds, with yields reaching their highest levels since 1999 [1] - Ueda emphasized that timely adjustments to monetary easing policies are necessary to achieve stable inflation targets and promote long-term economic growth [1] - The recent increase of 25 basis points to a benchmark rate of 0.75% marks the end of nearly three decades of ultra-low interest rates in Japan, reflecting reduced risks to inflation and growth [1] Group 2 - The Japanese bond market reacted sharply, with the 10-year bond yield rising over 5 basis points to 2.125%, a new high since 1999, and the 30-year yield increasing nearly 6 basis points to a historical peak [2] - The yield on the 10-year bond has surged by 25 basis points in the past month and nearly 100 basis points over the past year, driven by rising interest rate expectations and a record-high government budget proposal [2] - Both the Bank of Japan and the government have expressed concern over bond yield volatility, with Ueda stating that significant fluctuations in long-term rates could lead to increased government bond purchases [2]