Daiwa Institute Of Research economists forecast Japan 10Y JGB yield ~3.1% in 2H FY2027; FY2027 ends Mar 2028. BOJ hikes and reduced bond buying could push yields higher. PM Sanae Takaichi expansionary fiscal policy and larger govt bond issuance could

2026-05-25

Daiwa Institute Of Research economists forecast Japan 10Y JGB yield ~3.1% in 2H FY2027; FY2027 ends Mar 2028. BOJ hikes and reduced bond buying could push yields higher. PM Sanae Takaichi expansionary fiscal policy and larger govt bond issuance could add further upside. Monday: oil drop sent 10Y JGB yield down 7bps to 2.690%.