LOCKED Japan Update: Weak 20-Year JGB Auction Raises Specter of Worsening Fiscal Position

  • Weak 20-Year JGB Auction Raises Specter of Worsening Fiscal Position
  • Supplementary Budget Expected to be ¥21.3 Trillion
  • LDP Under Pressure from Innovation, DPP to Cut Taxes
  • USDJPY Hits 157 But Little Support for Intervention
  • China Threatens Further Measures Against Japan After Takaichi Taiwan Comments
  • December Rate Hike Now Seen as More Likely
  • October Tourist Arrivals Up 17.6%

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