周四,日本央行一致决定维持利率不变,日本10年期政府债券收益率保持在1.57%左右,正如普遍预期的那样。这标志着日本央行在1月份加息25个基点至0.5%后连续第四次暂停会议。央行保持谨慎的基调,预计潜在通胀可能会因增长放缓而暂时停滞,然后再次回升。尽管通胀前景保持平衡,但日本央行指出了整体经济的下行风险,并指出全球贸易发展的不确定性增加。上周,在美国和日本敲定了一项贸易协议,对日本出口产品征收15%的关税后,日本政府债券收益率有所上升,这比唐纳德·特朗普总统最初提出的25%的关税要轻。
Japan’s 10-year government bond yield held around 1.57% on Thursday after the Bank of Japan left interest rates unchanged in a unanimous decision, as widely expected. This marks the fourth consecutive meeting the BOJ has paused following its 25 basis-point hike to 0.5% in January. The central bank maintained a cautious tone, projecting that underlying inflation may temporarily stall due to slowing growth before picking up again. While the inflation outlook remains balanced, the BOJ flagged downside risks to the broader economy and cited elevated uncertainty around global trade developments. Last week, Japanese government bond yields had risen after the US and Japan finalized a trade deal setting a 15% tariff on Japanese exports, less severe than the 25% initially proposed by President Donald Trump.