In the bond market on the 18th, the long-term interest rate temporarily fell to 0.36% as the Bank of Japan maintained the current large-scale monetary easing measures at the monetary policy meeting.
However, there was a deep-rooted view that the Bank of Japan would move to revise its easing measures at its next meeting and beyond, and the market was mixed with buying and selling.
When government bonds are sold, their prices fall and interest rates rise. yield rose to 0.51%.
This is because the Bank of Japan is expected to revise monetary easing measures at its monetary policy meeting held until the 18th, and the move to sell government bonds in advance in anticipation of a rise in interest rates has increased.
However, in addition to the Bank of Japan's decision to maintain the current large-scale monetary easing measures, in order to promote the formation of appropriate interest rate levels, the Bank of Japan expanded its fund-supply policy to financial institutions. Long-term interest rates turned around and temporarily fell to 0.36%.
Long-term interest rates have since risen somewhat, closing at 0.41% on the 18th.
There was also a persistent view that the Bank of Japan would move to revise its monetary easing measures at its next meeting and onwards, and the day turned into a mix of buying and selling.