日本政府养老金投资基金（GPIF）近日宣布其管理团队在8月召开会议，这一不同寻常的举动引发市场猜测：这家日本规模最大的养老基金或将上调本国债券的配置目标。
政府养老金投资基金表示，其管理委员会于8月21日举行会议，记录显示，这是七年来该委员会首次在8月休假期召开会议。会议议程包含资产配置等运营事务工作组提交的报告，尽管该工作组早在3月就得出结论，认为无需对持仓资产开展评估。
摩根大通策略师Ikue Saito在一份研报中写道：“仅仅时隔五个月就重新讨论该议题，实属反常，这表明委员会或许正在重新考量此前的立场。此次重新评估的潜在诱因，是 3 月会议之后日本国债收益率的大幅攀升。”
日本 10 年期基准国债收益率自 3 月初以来上行约 1 个百分点，周三最高触及 3.015%，创下 1996 年以来新高。收益率飙升的背后，市场愈发担忧：高市早苗首相推行扩张性财政政策，政府支出或将扩大；同时日本央行为抑制通胀，加息节奏可能加快。
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