JGBs face long-term risk of downgrade: Goldman Japan head

Imatsu sees too much focus on short-term inflation fixes over underlying issues like exchange rates

20250814N Imatsu

Goldman Sachs Japan President Hidehiro Imatsu spoke with Nikkei about the state of markets after Japan's upper house election. (Photo by Manami Yamada)

GENKI IKUTA and RYO SAEKI

TOKYO -- A month after an upper house election where parties competed to tout plans for cash handouts and tax cuts, Goldman Sachs Japan President Hidehiro Imatsu, a longtime bond trader, told Nikkei that the bond market will maintain calm for now as the ruling coalition clings to power.

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