Japan’s economic policy roadmap to promote domestic ownership of JGBs – Reuters
|According to a draft of the government’s economic policy roadmap obtained by Reuters, “Japan is expected to promote domestic ownership of government bonds to avoid further rises in long-term interest rates.”
Additional takeaways
Japan may reassess primary balance target year as needed amid uncertain impact from the US tariff measures.
Japan government to aim to achieve primary balance surplus as early as possible during fiscal years 2025 to 2026.
Market reaction
At the press time, the Japanese Yen (JPY) fails to benefit from these headlines, as USD/JPY adds 0.30% on the day to 143.15.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.