Original title: Japan 10-Year Debt Sale Clouded by BOJ Hike Path, Fiscal Risks
Japan’s 10-year government bond auction Tuesday will be a key test of investor appetite amid growing expectations of rate hikes by the Bank of Japan and mounting political uncertainty. The sale comes on the day of a speech by BOJ Deputy Governor Ryozo Himino that may give more insight into the central bank’s policy path. The Liberal Democratic Party is also expected to hold a review on July’s election performance Tuesday, according to comments by Secretary-General Hiroshi Moriyama last month.