On April 7, BlueBay Chief Investment Officer Mark Dowding stated in a report that Japanese Prime Minister Sanae Takachi is highly focused on achieving economic growth. From this perspective, some believe she would prefer to delay the Bank of Japan’s interest-rate normalization.

However, he said a more dovish Bank of Japan could raise concerns about inflation overshooting for a longer period of time, which would put pressure on Japan’s government bond yield curve.

Mark Dowding said, “We still expect the 10 to 30-year Japanese government bond yield curve to flatten further in the medium term.”#Gate广场四月发帖挑战