Puris: The Bank of Japan may further adjust its monetary policy at a very slow pace

Paulson Multi-Asset Income Bond Strategy Deputy Fund Manager Zhong Xiaoyang stated that recent market volatility may lead to a slow adjustment in the pace of monetary policy by the Bank of Japan, reducing the likelihood of a rise in global sovereign bond yields. The policy directions of the Federal Reserve and other central banks have fueled expectations of interest rate cuts in the market. Concerns about economic growth have triggered closing trades, but credit valuations have improved, and credit spreads may bring more opportunities. The Bank of Japan may slow down its interest rate hike pace, and the appreciation of the yen may bring downward pressure on inflation