Upward pressure on long-term interest rates is expected to persist in the bond market during the third week of August. Uncertainty over the Bank of Japan's monetary policy and concerns about fiscal expansion could leave selling pressure dominant, according to market views.
In the bond market during the third week of August (17-21), upward pressure on long-term interest rates is expected to persist. Market participants expect a continued phase of rising interest rates, based on supply and demand dynamics.
The backdrop includes uncertainty surrounding the Bank of Japan's monetary policy and concerns about fiscal expansion, with views that selling pressure is likely to remain dominant.
Views from market participants, including Meiji Yasuda Asset Management, indicate that developments in long-term interest rates should be closely monitored.