Japan should refrain from cutting the consumption tax to avoid fanning fiscal risks, the IMF said, as Prime Minister Sanae Takaichi prepares to speed up debate on a potential suspension of the sales tax on food https://t.co/d4EcB5Rti4 ...

Market Trends & Risks - Investors in Japan are preparing for a difficult 20-year government bond auction [1] - Political uncertainty is putting pressure on longer-dated debt [1] - Lingering fiscal risks are contributing to the pressure on longer-dated debt [1]

Market Sentiment - Investor caution towards longer-dated Japanese government debt due to fiscal risks [1] - Fiscal risks include potential increases in government spending and tax cuts [1] Auction Performance - Japan's 20-year government bond auction demand was weaker than its 12-month average [1]