Internet reports that Pictet Asset Management strategists said in a report that the yen risks weakening against the U.S. dollar. They said political and economic uncertainty could put pressure on the yen. Japan's Senate election last month increased the risk of a suspended parliament. Government bonds are also under pressure amid concerns that public borrowing may increase. This may prompt the Bank of Japan to withdraw its quantitative tightening policy, which is bad for the yen. They said the dollar's weakness so far this year has also been excessive and should therefore undergo a period of consolidation. (Jin Shi)