Deputy Governor of Bank of Japan: Appropriate policy adjustment is key to stabilizing the bond market, considering the timing of rate hikes will take into account the situation in the Middle East.

According to the Wise Finance APP, as the yield of Japanese government bonds climbs to near three-decade highs, Bank of Japan Deputy Governor Masayoshi Amamiya stated on Tuesday that it is crucial to maintain market confidence through appropriate policy adjustments. He also explicitly pointed out that the development of the situation in the Middle East will be a key factor in determining the timing and pace of interest rate hikes.