Timing of Japan’s Stimulus Package Is Good, Says Professor Shirai

Minister ABBA, speaking in Tokyo, discusses Japan's budget and the impact of a government stimulus package on economic growth. Concerns are raised about the weakening manufacturing sector and export challenges, particularly with China and Asia. The sales tax hike has had a significant impact on consumption, despite government measures to mitigate it. The bond market shows a positive trend with the 10-year yield stabilizing near 0%, aligning with the Bank of Japan's targets.

What measures has the government taken to mitigate the adverse impact of the consumption tax hike?

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What does the bond market indicate about the 10-year yield in Japan?

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