Ryota Sakagami
Ryota Sakagami
companies consumers domestic doubt driven driving economic growth
Companies and consumers are going to keep driving economic growth this year. There is no doubt this recovery, which being is driven by domestic demand, is sustainable.
above bond concerned economy fiscal government hurt officials process sudden yields
With the government in the process of working on restructuring fiscal policy, officials are alarmed at the sudden surge of long-term bond yields. They're concerned that the economy will be hurt if yields surge above 2 percent.
accepted bank decision doubt government japan move pressure rate shift symbolic zero
While the government accepted the decision to shift policy, that was because it was a symbolic move and had no real implications for long-term yields. There's no doubt they'll put more pressure on the Bank of Japan to keep the zero rate policy.