Long-term interest rates in Japan are hitting fresh highs for consecutive days, reaching their highest level since 1996. The Nikkei 225 is believed to be falling as higher oil prices driven by rising tensions in the Middle East and a global trend of rising interest rates weigh on the market.
In Japan’s markets on the 18th, long-term interest rates hit fresh highs for consecutive days, reaching their highest level since 1996, as the global trend of rising interest rates continues to spread. Views point to higher oil prices driven by rising tensions in the Middle East and swelling government debt as the background.
The Nikkei 225 is falling as a result, while investors are closely watching the outlook for interest rates, developments in the Middle East and the Bank of Japan’s monetary policy.