In the domestic bond market on the 16th, the long-term interest rate rose to 2.930%. The Nikkei Average rebounded sharply at one point as the stock-market decline paused.
In the domestic bond market on the 16th, the long-term interest rate rose to 2.930%, up 0.040 percentage points from the previous day, sending bond prices lower. Against a backdrop of easing concerns over excessive investment in AI companies, there was speculation that the stock market's correction had paused.
In the Tokyo market, the Nikkei Average rose by approximately ¥1,200 at one point. Some market participants also said that Japanese government bonds, which had attracted funds amid the stock-market decline, came under selling pressure.