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Japanese Finance Minister Kato Katsunobu stated that the government will closely monitor the trend of ultra-long term interest rates and manage debt properly. Kato Katsunobu said on Thursday in Tokyo to members of the Japan Business Federation that compared to the past, ultra-long term interest rates are clearly showing a significant upward trend. He pointed out that government bond issuance is progressing steadily without any issues. "The government will continue to closely monitor market trends, including ultra-long term government bonds, and work to implement appropriate debt management policies while engaging in serious dialogue with market participants and investors." He stated that he plans to implement fiscal reforms while supporting the economy.
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