[JPMorgan Chase: The Japanese Government Pension Investment Fund shows preliminary signs of allocation adjustment and may become another supporting force for the yen] On September 2, JP Morgan Chase stated that due to the sharp rise in Japanese government bond yields, the Japanese Government Pension Investment Fund (GPIF) may be rethinking its asset allocation plan, which may become another supporting force for the yen. Strategist Ikue Saito said that the Japanese Government Pension Investment Fund held an impromptu committee meeting on August 21. This was the first time a meeting was held in August in seven years. The agency just concluded in March that it did not need to conduct a review of the underlying investment portfolio. “The fact that this issue is being discussed again after just five months is highly unusual and suggests that the committee may be revisiting its previous position.”