Core Viewpoint - Japanese Prime Minister Sanna Takashi has decided to dissolve the House of Representatives on the opening day of the National Assembly on the 23rd, leading to concerns about the deterioration of Japan's fiscal situation and resulting in a decline in bond prices and a depreciation of the yen in the financial markets [1] Group 1: Market Reactions - The Tokyo bond market experienced a sell-off of long-term government bonds, causing a sharp rise in long-term bond yields [1] - The yield on the newly issued 10-year government bonds reached 2.16%, the highest level since February 1999 [1] - The depreciation of the yen against the US dollar saw it drop to 158.97 yen per dollar, compared to around 147 yen per dollar in early October last year [1] Group 2: Political Context - Concerns are heightened as the ruling Liberal Democratic Party (LDP) does not hold a majority in the House of Representatives, raising fears that a victory in the upcoming elections could further support Takashi's expansionary fiscal policies [1] - Analysts suggest that the market remains highly vigilant regarding the dissolution of the House of Representatives due to potential fiscal risks associated with the LDP's policies [1]
日本市场再现债汇“双杀”
Sou Hu Cai Jing·2026-01-13 11:16