Japan 10-Year Yield to Go Below Zero, Says Man Who Picked 0.1%

  • Yield may drop to minus 0.1 percent this year, Sano says
  • Possibility of bond auction failure slightly higher: Kubota

When he accurately called the drop in Japan’s 10-year sovereign bond yield to 0.5 percent, 0.25 percent and 0.1 percent over the past four years, strategist Kazuhiko Sano was often in a small group of bulls. Now his forecast of negative yields seems almost inevitable.

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