#日本央行货币政策转向 Recently, the Bank of Japan's monetary policy shift has attracted significant market attention. Data shows that the yield on Japan's 10-year government bonds has risen to 1.879%, reaching a new high since 2008. This change could trigger a chain reaction in global financial markets. Notably, as the largest foreign holder of U.S. debt, Japan's policy shift may lead to capital flowing back from the U.S. market, thereby affecting the trend of U.S. Treasury yields.

Analyzing this situation, the outlook for the Federal Reserve's rate cuts may face challenges. Rising U.S. Treasury yields could become an obstacle to rate cuts. It is recommended to closely monitor the Bank of Japan's policy decision this month, as well as continuously track capital flows and yield changes in the global bond markets to assess the potential impact on the Federal Reserve's policies.