In the bond market on the 16th, the beginning of the week, selling orders for Japanese government bonds increased following last week, and the long-term interest rate rose again to 0.51%, exceeding the 0.5% upper limit of fluctuation range set by the Bank of Japan.
Markets are putting upward pressure on interest rates on the back of speculation that the Bank of Japan will move to revise its monetary easing measures following last month.
When JGBs are sold, their prices fall and interest rates rise, but in the bond market on the 16th at the beginning of the week, Japanese government bonds continued to sell last week, becoming a representative indicator of long-term interest rates. Yields on 10-year government bonds rose to 0.51%.
On the 20th of last month, the Bank of Japan revised its large-scale monetary easing measures and raised the upper limit of the fluctuation range of long-term interest rates to about 0.5%. Days in a row.
Long-term interest rates rose at the Bank of Japan's meeting to decide monetary policy on the 17th and 18th. because it is intensifying.
In response, the Bank of Japan, as announced last week, is taking measures to temporarily purchase government bonds in order to curb the rise in long-term interest rates, and the battle with the market is intensifying.