The yield of Japanese bonds tends to flatten with the yield of US bonds.

On October 4th, Jin10 Data reported that the Japanese government bond yield curve flattened, with short-term bond yields slightly higher and ultra-long-term bond yields slightly lower. Its trend seems to be consistent with the flattened US government bond yield curve on Thursday. The trends of Japanese and US government bonds are often synchronized. Kohei Iwahara, an economist at the French Bank of Foreign Trade, said in a recent research report that looking to the future, the Japanese Central Bank may maintain its hawkish rhetoric and remain vigilant about interest rate hike opportunities. The economist added that the key is the Japanese government’s policy of raising productivity, which is crucial for raising real wages.