[Analyst: Rise in Japanese Government Bond Yields Mainly Reflects 'Normalization'] Odaily Planet Daily News – Joost van Leenders, Senior Investment Strategist at Dutch wealth management firm Van Lanschot Kempen, stated in a report that the recent rise in Japanese government bond yields mainly reflects a normalization after years of deflation and low or even negative interest rates. 'The largest fiscal plan under the new government may exert further upward pressure on yields,' Leenders pointed out. The expansionary fiscal policy under Japanese Prime Minister Sanae Takahashi has sparked market concerns over debt sustainability, leading to a rise in Japanese government bond yields and a weakening yen. Previously, Sanae Takahashi achieved a landslide victory in the weekend's House of Representatives election and pledged to implement responsible fiscal policies. (Jin10)