Former adviser to the Japanese Cabinet, Honda, warns against a premature end to negative interest rates, fearing a return of deflation. This comes amidst rising yields on Japan's two-year government bonds, reaching the highest level since 2011. Speculation grows that the Bank of Japan may abandon its negative-interest-rate policy soon.
The Bank of Japan should nimbly end its negative interest rate policy with minimum fuss, according to top academic Hiroshi Yoshikawa https://t.co/pJwSpvkEB8
Japan’s two-year bond yield climbed to the highest level since 2011 with growing speculation the central bank will abandon its negative-interest-rate policy in coming months https://t.co/YLJgGFPYtm
News Alert | Japan two-year yield rises to highest level since 2011 #Japan https://t.co/xuIFznJJ3h
*JAPAN TWO-YEAR YIELD RISES TO HIGHEST LEVEL SINCE 2011
🇯🇵Japan's 2-year government bond yield rises to the highest level since 2011. https://t.co/MuLiPu42s9
Ex-adviser to former Japanese PM Shinzo Abe opposes early end to negative interest rates https://t.co/kjY2WCzYSe
🔴 FORMER ADVISER TO JAPANESE CABINET HONDA: A PREMATURE END TO NEGATIVE RATES COULD BRING BACK DEFLATION.
🔴 FORMER ADVISER TO JAPANESE CABINET HONDA: I OPPOSE ENDING NEGATIVE INTEREST RATES NOW.