Japan’s Suzuki: There's a risk rising interest rates could pressure Japan's debt

Japanese Finance Minister Shunichi Suzuki said on Friday that there is a risk that rising interest rates could pressure Japan's debt.

Key quotes

"There's a risk that rising interest rates could pressure Japan's debt.”

“Not at a stage where I can mention fiscal targets other than primary budget balance.”

“Important to make persistent efforts to maintain fiscal health.

Market reaction

At the time of writing, USD/JPY is trading 0.24% lower on the day at 147.73.