Core Viewpoint - Japan's fiscal situation remains tight, with potential deterioration in the 2026 budget, as indicated by rising government bond yields [1] Group 1: Fiscal Situation - Helaba's Samuel Will reports that Japan's budget balance has improved in recent years but is expected to worsen in 2026 [1] - The government is focusing on growth through investment and strengthening defense capabilities, but must monitor rising debt and geopolitical tensions [1] Group 2: Bond Yields - The 10-year Japanese government bond yield decreased by 1.9 basis points to 1.792% [1] - The 30-year Japanese government bond yield increased by 0.4 basis points to 3.331% [1]