Sumitomo Mitsui Forecasts 10-Year JGB Yield to Reach 3% by Year-End
2026-07-06 14:35

Woofun AI reports that Masahiro Ichikawa, a strategist at Sumitomo Mitsui DS Asset Management, projects the 10-year Japanese government bond yield could hit 3% by year-end amid stable economic growth. He anticipates further gains in Japanese equities if government investment plans stimulate private sector capital expenditure. Ichikawa noted that Prime Minister Sanae Takaichi’s focus on securing market trust reduces the risk of undisciplined fiscal policy. The 10-year JGB yield recently climbed 6 basis points to 2.830%.

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Masahiro Ichikawa
Sanae Takaichi
Sumitomo Mitsui DS Asset Management
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