Analysts: The strengthening of the yen and tariff uncertainties may prompt the Bank of Japan to stay put this week

ChainCatcher news, according to Jinshi Data, T. Rowe Price's co-portfolio manager for diversified income bond strategies, Vincent Chung, stated in a report that given the uncertainty of economic growth, the Bank of Japan is expected to maintain interest rates at its meeting this week. The appreciation of the yen and concerns about the potential impact of tariffs on economic growth may lead the Bank of Japan to delay further interest rate hikes. The uncertainty of tariffs has increased the risk premium of U.S. assets, and investors must pay attention to potential trade agreements that could reduce the risk premium. He added, "If the volatility in the U.S. Treasury market decreases, the safe-haven buying of yen long positions in the market should put pressure on the appreciation of the yen in the short term."