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Tsuyoshi Ueno Expects Japan’s 10-Year Bond Yield to Rise Above 2.7% Within Three Months

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2026-06-22 08:23:39
Japan’s 10-year government bond yield is expected to climb above 2.7% over the next three months, according to Tsuyoshi Ueno, an economist at the NLI Research Institute.

According to Odaily, Ueno said the outlook is driven by concerns that a planned consumption tax cut could further worsen Japan’s fiscal condition.

Ueno added that markets are also worried the Bank of Japan may fall behind in responding to inflation, which could also push government bond yields higher.
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