The Bank of Japan announced on the 14th of this month that it will implement a measure called "limit operation" to buy unlimited government bonds at a specified yield in order to curb the rise in long-term interest rates.
As part of its monetary easing policy, the Bank of Japan plans to adjust the yield of 10-year government bonds to a fluctuation range of "plus or minus 0.25%".
In the bond market, there is a movement to sell Japanese government bonds from the view that the US interest rate hike will be strengthened, and on the 10th, the long-term interest rate temporarily rose to 0.23%, the first time in about 6 years and 1 month. It was a high standard.
It is the first time in about 3 years and 7 months since July 2018 that the Bank of Japan has taken this measure.