RBC (BlueBay Asset Management) on what they expect from the Bank of Japan now:
- next rate hike 0.75% at the July meeting (30 and 31)
- then to 1% at the January 2026 meeting
On JGBs:
- see 10-year JGB yields rise towards 1.75%
- longer dated bonds may hold better
- 10/30 yield curve to flatten further
