Japanese government bond yields climbed as inflation worries grew. Reports suggest the government might steer the Bank of Japan towards its pro-growth economic plans, potentially slowing interest rate hikes. This move, aimed at boosting annual real economic growth beyond 1%, has sparked concerns that the central bank could lag in tackling rising prices. The government’s new economic framework is expected next month.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets