11:36
Baosheng Group: The US-Japan protocol exacerbates fiscal risks, putting pressure on the Japanese bond market.
UBS Wealth Management analysts point out that although the Japanese stock market has risen due to the US-Japan trade protocol, this protocol may exacerbate fiscal risks, leading to an increase in Japanese government debt, which could drag down the yen and the economy. Meanwhile, the weakening strength of the ruling coalition may prompt the government to adopt tax reduction measures. Demand for government bond auctions has fallen to its lowest level since 2011, indicating market concerns about fiscal risks.

