金色财经报道,摩根大通证券将日本基准10年期国债收益率年底预期从1月末的1.55%上调至1.7%,认为美国政策可能带来各种风险。预测日本央行将在6月和12月加息,但美国可能采取的行动或使情况变得复杂;如果关税对全球经济增长构成压力,可能会阻碍日本央行加息,但是如果日本被指责让日元贬值,则可能会匆忙加息,固定收益研究主管Takashi Yamawaki、策略师Hiroki Yamamoto在3月10日的报告中写道。
超长期日本国债收益率走势与日本央行政策利率之间的相关性可能将会消失;日本央行将利率提高到1%以上后,长期国债收益率可能会横盘震荡。摩根大通还将20年期和30年期日本国债收益率的年底预测分别从2.15%和2.40%上调至2.35%和2.65%。
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