分析师：日本财政扩张与央行政策正常化拉锯引发市场波动

Core Viewpoint - Recent market volatility, particularly in Japanese government bonds and the yen exchange rate, reflects the tension between Prime Minister Kishida Fumio's expansionary fiscal stance and the normalization of the Bank of Japan's policies, leading to policy uncertainty [1] Group 1 - The upcoming temporary election in Japan on February 8 may see Prime Minister Kishida leverage his current high approval ratings to push for reforms [1] - If Prime Minister Kishida wins decisively and increases fiscal support, it could lead to further market volatility [1]