---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273869353.md"
description: "Nomura: It is expected that the recent distortion and flattening of the Japanese government bond yield curve may continue. Although the decline in USD/JPY has eased the pressure on the Bank of Japan for immediate policy normalization, as past experiences have shown, market expectations for the Bank of Japan to take hawkish actions may strengthen after government intervention"
datetime: "2026-01-27T16:23:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273869353.md)
  - [en](https://longbridge.com/en/news/273869353.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273869353.md)
---

# 

Nomura: It is expected that the recent distortion and flattening of the Japanese government bond yield curve may continue. Although the decline in USD/JPY has eased the pressure on the Bank of Japan for immediate policy normalization, as past experiences have shown, market expectations for the Bank of Japan to take hawkish actions may strengthen following government intervention

### Related Stocks

- [2627.JP](https://longbridge.com/en/quote/2627.JP.md)
- [DXJ.US](https://longbridge.com/en/quote/DXJ.US.md)
- [EWJ.US](https://longbridge.com/en/quote/EWJ.US.md)
- [1397.JP](https://longbridge.com/en/quote/1397.JP.md)
- [YCL.US](https://longbridge.com/en/quote/YCL.US.md)
- [8604.JP](https://longbridge.com/en/quote/8604.JP.md)
- [2637.JP](https://longbridge.com/en/quote/2637.JP.md)
- [NMR.US](https://longbridge.com/en/quote/NMR.US.md)
- [YCS.US](https://longbridge.com/en/quote/YCS.US.md)
- [FXY.US](https://longbridge.com/en/quote/FXY.US.md)

## Related News & Research

- [US Treasury Secretary Bessent.  Excess FX volatility is undesirable.](https://longbridge.com/en/news/286916018.md)
- [Japan's Finance Minister Katayama seeing speculative moves in the financial markets](https://longbridge.com/en/news/286803199.md)
- [BOJ Policymaker Signals That Rate Hike Might Be Approaching](https://longbridge.com/en/news/287148152.md)
- [RUBBER-Japan futures extend gains on weaker yen, tight Thai supply](https://longbridge.com/en/news/286840226.md)
- [Japan ready to act on FX volatility, mindful of US bond market impact](https://longbridge.com/en/news/286843217.md)