Analysis: Economic Growth Under Pressure, Japanese Prime Minister May Seek to Postpone Japan Central Bank Rate Normalization

BlockBeats News, April 7th, BlueBay's Chief Investment Officer Mark Dowding stated in a report that Japanese Prime Minister Kishida is very focused on achieving economic growth, from this perspective, some people believe she would prefer to delay the Bank of Japan's normalization of interest rates.

However, he said, the more dovish Bank of Japan may raise concerns about inflation overshooting for a longer period, which would put pressure on the Japanese government bond yield curve.

Mark Dowding said: "We still expect the 10 to 30-year Japanese government bond yield curve to further flatten in the medium term." (Kryptonium)