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 d

2026-07-10

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.