Fitch expects Japan to keep deficits within manageable levels despite tax cut
Yahoo Finance·2026-01-21 17:53
By Makiko Yamazaki TOKYO, Jan 21 (Reuters) - Fitch Ratings expects Japan's government to continue to keep deficits within manageable levels after a lower house election next month as Tokyo faces pressure from the bond market over tax cuts, its sovereign analyst told Reuters on Wednesday. Japan's government bonds tumbled this week, sending the benchmark 10-year bond yield to a 27-year high on Tuesday, after Prime Minister Sanae Takaichi made an election pledge to suspend a food levy for two years. F ...