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المشهد العربي
Deutsche Bank: Japan might curb bond yields instead of yen support
Deutsche Bank predicts that Japan will move towards controlling government bond yields rather than supporting the local currency (the yen). This shift aims to achieve sustainable economic growth while maintaining financial stability. It is suggested that the government may take measures to curb the rise in bond yields, focusing on directing domestic savings and capital towards Japanese assets. Previously, the approach was centered on intervening in the foreign exchange market to protect the yen's value. This transition seeks to attain an economic growth rate higher than the cost of borrowing, thereby supporting the government's ambitious plan to boost growth.
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