Long-term interest rates rose to 0.23% on the 24th for the first time in about a month and a half.
The Bank of Japan has stated in its monetary policy that it will adjust long-term interest rates so that it will fluctuate within a fluctuation range of "plus or minus 0.25%", and since it is approaching the upper limit again, will it implement measures to purchase unlimited government bonds? Please pay attention.
In the bond market on the 24th, the yield of 10-year government bonds, which is a representative indicator of long-term interest rates, rose from 0.225% as of the evening of the 23rd to 0.23% for the first time in about a month and a half. did.
Interest rates rise when government bonds are sold in the market and prices fall, and market officials said, "The Fed, the central bank of the United States, is aware of its positive attitude toward raising interest rates, and long-term interest rates in the United States are rising. For this reason, the widespread view that long-term interest rates will rise in Japan has led to the move to sell government bonds. "
The Bank of Japan has stated in its monetary policy that long-term interest rates will be adjusted to fluctuate within a fluctuation range of "plus or minus 0.25%."
At the same 0.23% last month, the Bank of Japan implemented a measure called a "limit operation" to buy unlimited government bonds in order to curb the rise in long-term interest rates.
As long-term interest rates are approaching the upper limit again, it will be interesting to see if the BOJ will carry out a limit operation this time as well.