The US GDP = gross domestic product has been negative for the second consecutive quarter, shaking the Japanese financial market on the 29th, not only the rapid dollar selling and yen buying progressed, but also the long-term interest rate is temporarily 4 It has dropped to the level for the first time in a month and a half.
In the bond market on the 29th, the yield on 10-year government bonds, which is a representative indicator of long-term interest rates, dropped to 0.175% for the first time in four and a half months since March.
Following the negative growth rate of GDP = gross domestic product announced in the United States on the 28th for the second consecutive term, the movement to buy government bonds, which are regarded as safe assets, has spread due to the sense of caution about the economic slowdown. rice field.
When government bonds were bought and the price went up, interest rates went down, which led to a decline in long-term interest rates.