Japanese banks lack capacity to pick up slack as BOJ winds down purchases
The Bank of Japan has moved to taper its Japanese government bond holdings, which has contributed to the rising yields of long-dated JGBs. (Photo by Akira Kodaka)
RYO SAEKI
October 11, 2025 07:17 JST
TOKYO — Yields on ultralong-term Japanese government bonds have been rising since Sanae Takaichi was elected Liberal Democratic Party president as the market expects expansionary fiscal policy under her leadership.