PANews
PANews|Sep 02, 2026 02:14
**[Important News from Last Night and This Morning (September 1 - September 2)]** Japan's Long-Term Bond Yield Surpasses 3%, Takashi Says Economic and Fiscal Policies Will Be Judged at the Right Time Japanese Prime Minister Sanae Takashi responded on Tuesday to the issue of long-term interest rates surpassing 3% for the first time in 30 years. She stated that the operation of economic and fiscal policies "must, of course, be based on the evaluation and analysis of various economic conditions, including interest rate trends, and appropriate judgments will be made at the right time." Regarding interest rate trends, she only commented: "If specific remarks are made, it may lead to unexpected impacts, so I will not comment on this." She explained that interest rate levels are determined by the market, influenced by various factors, including the policies of other countries. When asked how to ensure market confidence, she emphasized: "We will appropriately address necessary fiscal demands and effectively balance a strong economy with fiscal sustainability." She stated that budget reform will be vigorously promoted in accordance with the "Basic Policy on Economic and Fiscal Management and Reform" ("Honebuto Policy") determined in July. She called for...
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