Japan PM unlikely to shift fiscal stance unless 10-year JGB rises past 3.5%
Japan PM Sanae Takaichi is unlikely to change a loose fiscal policy stance unless the 10-year JGB yield rises rapidly above 3.5% and stays there, SMBC Nikko Securities economists said.
Japan's PM Sanae Takaichi is unlikely to change her loose fiscal policy stance unless the 10-year JGB yield rises rapidly above 3.5% and stays there, SMBC Nikko Securities economists say.
Under her growth strategy centered on massive domestic investments, real GDP growth is projected to accelerate…