Analyst: The strengthening of the Japanese yen and tariff uncertainty may prompt the Bank of Japan to remain inactive this week

BlockBeats News: On April 29th, Vincent Chung, Co Portfolio Manager of T. Rowe Price's Diversified Yield Bond Strategy, stated in a report that due to the uncertainty of economic growth, the Bank of Japan is expected to maintain interest rates unchanged at this week's meeting. The appreciation of the Japanese yen and concerns about potential tariffs affecting economic growth may lead to the Bank of Japan delaying further interest rate hikes. The uncertainty of tariffs has increased the risk premium of US assets, and investors must pay attention to potential trade agreements that may reduce the risk premium. He added: "If the volatility of the US treasury bond bond market is reduced, the long yen position of hedging in the market should put pressure on the appreciation of the yen in the short term." (Jin Shi)