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?

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