Aviva Investors said in its third-quarter outlook that the long-term end of the Japanese government bond yield curve is expected to flatten. “The government may shift the issuance of long-term bonds to short-term bonds,” the company stated. Furthermore, Aviva Investors believes that although monetary policy is firmly on the path of prudent austerity, the exact timing of interest rate hikes is still highly uncertain.

Aviva Investors said in its third-quarter outlook that the long-term end of the Japanese government bond yield curve is expected to flatten. “The government may shift the issuance of long-term bonds to short-term bonds,” the company stated. Furthermore, Aviva Investors believes that although monetary policy is firmly on the path of prudent austerity, the exact timing of interest rate hikes is still highly uncertain.