1034 GMT - The recent upturn in Japanese government bond yields is mostly a normalization after many years of deflation and low or even negative interest rates, Van Lanschot Kempen's Joost van Leenders says in a note. "The new government's biggest fiscal plans could exert further upward pressure on yields," the senior investment strategist says. Expansionary fiscal policy under Prime Minister Sakae Takaichi has raised concerns about debt sustainability, causing JGB yields to rise and the yen to weaken. Takaichi secured a landslide victory at weekend's Lower House and promised responsible fiscal policy. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 10, 2026 05:34 ET (10:34 GMT)
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