Japanese stocks rebounded on the 16th, with buying growing in electrical equipment, chemicals and machinery stocks. Meanwhile, the bond market reversed course and rose, sending interest rates lower. Demand was confirmed amid the muted rise in US interest rates and the Bank of Japan's government bond purchase operation.
Japanese stocks rebounded on the 16th, with buying in electrical equipment, chemicals and machinery stocks. Buying spread across the market as a whole.
The bond market reversed course and rose the same day, sending interest rates lower. Reports attributed this to the easing momentum behind the rise in US interest rates and demand confirmed through the Bank of Japan's government bond purchase operation.