Mizuho Securities economist Yusuke Matsuo said Prime Minister Takaichi may need
more cautious, market‑aware communication on highly sensitive items, notably the
funding source for a planned food consumption tax cut and her large investment
program. JGB yields have jumped recently as markets fear political pressure
could delay Bank of Japan (BOJ) tightening and lift inflation risks. Finance
Minister Katayama on Friday stressed the BOJ's independence, saying specific
monetary policy measures are decided by the Bank of Japan.