In the bond market on the 20th, Japanese government bonds were sold, and the long-term interest rate temporarily rose to 0.255% for two consecutive days following the 19th.
In response to this, the Bank of Japan has announced that it will purchase temporary government bonds, making it clear that it will suppress the rise in interest rates.
The Bank of Japan has announced that it will adjust the yield of 10-year government bonds, which is a representative indicator of long-term interest rates, to a fluctuation range of "about plus or minus 0.25%" under the current large-scale monetary easing measures.
Interest rates rise when government bonds are sold, but in the bond market on the 20th, the selling of Japanese government bonds intensified, and the long-term interest rate temporarily rose to 0.255%.
It is the second consecutive day following the 19th that the 0.25% fluctuation range indicated by the Bank of Japan has been exceeded.
As long-term interest rates in the U.S. continue to rise due to growing expectations that the U.S. will continue to raise interest rates significantly, upward pressure is also increasing on long-term interest rates in Japan.
The Bank of Japan designates a yield of 0.25% and implements a measure called "limit operation" that purchases unlimited amounts of government bonds every day, but on the 20th, it announced that it would purchase temporary government bonds that were not originally planned. , has made clear its stance of restraining interest rate rises.