In the bond market on the 6th, the long-term interest rate, which is a guideline for mortgage interest rates, rose to 0.12%, the highest level in about nine months since April last year.
The long-term interest rate is a typical index of the yield of government bonds with a maturity of 10 years, and is a guideline for interest rates on mortgages set by financial institutions.
Yields rise when government bonds are sold in the market and prices fall, but long-term interest rates rose from 0.095% on the 5th to 0.12% due to an increase in sell orders for government bonds in the bond market on the 6th.
This is the first level in about 9 months since April last year.
U.S. Treasury bonds were sold in the New York market on the 5th, and US long-term interest rates rose to the level of about two and a half months due to the fear that the Fed = Federal Reserve Board will accelerate the pace of interest rate hikes. As a result, the movement to sell government bonds has intensified in Japan as well.
Market officials said, "Compared to the United States, the rate of increase in long-term interest rates in Japan is small. The interest rate differential between Japan and the United States is expected to widen further, so the yen's depreciation and the dollar's appreciation are likely to continue."