周一，日本10年期政府债券收益率下跌约5个基点，至1.5%左右，反映了7月份美国就业报告疲软后美国国债收益率的大幅下降。这些数据增强了人们对美联储9月份降息的预期，目前预计到年底将有超过63个基点的宽松政策。投资者还继续权衡唐纳德·特朗普总统全面报复性关税对全球增长和通胀的更广泛经济影响。在国内，市场正在等待日本央行最新政策会议的纪要，以寻找未来加息的线索。日本央行上周保持利率稳定，但上调了通胀预期，同时指出全球贸易紧张局势带来的风险加剧。

Japan’s 10-year government bond yield fell about 5 basis points to around 1.5% on Monday, mirroring a sharp drop in US Treasury yields after July’s weak US jobs report. The data reinforced expectations for a Federal Reserve rate cut in September, with over 63 basis points of easing now priced in by year-end. Investors also continued to weigh the broader economic impact of President Donald Trump’s sweeping retaliatory tariffs on global growth and inflation. Domestically, markets are awaiting minutes from the Bank of Japan’s latest policy meeting for clues on future rate hikes. The BOJ held rates steady last week but raised its inflation forecast, while flagging heightened risks from global trade tensions.