Japanese equities rose shortly after the market opened on the 13th. Strong corporate earnings provided a backdrop, while the bond market fell and expectations grew that US Treasury yields would rise sharply.
Japanese equities rose shortly after the market opened on the 13th, and strong corporate earnings supported the market. Investors appeared to be buying on the strength of solid earnings at domestic companies.
At the same time, the bond market fell, and views emerged that US Treasury yields would rise sharply. Market participants were reported to be trading with renewed expectations of interest-rate hikes in mind.