The yield on the newly issued 10-year bond, a benchmark for long-term interest rates, temporarily reached 3.000%. Levels of 2.990% and 2.985% were also observed, with concerns over more active fiscal policy reported as the backdrop.
The yield on the newly issued 10-year bond reached 3.000% at one point. Market monitoring also showed levels of 2.990% and 2.985%.
The article interprets the rise in long-term interest rates as reflecting bond selling amid expectations of more expansionary fiscal policy. Caution remains warranted regarding future developments.