Long-term interest rates rose in the domestic bond market on the morning of the 9th, with the benchmark yield on newly issued 10-year Japanese government bonds reaching 2.695%. Strong US employment data pushed up long-term US interest rates, with the impact spreading to Japanese rates.
Long-term interest rates rose in the domestic bond market on the morning of the 9th. Bonds, considered a safe-haven asset, came under selling pressure, and interest rates moved higher.
The benchmark yield on newly issued 10-year Japanese government bonds reached 2.695%, up 0.060% from the previous Friday.
US employment data released on the 6th exceeded market expectations, pushing up long-term US interest rates and affecting Japan's long-term rates as well.
The Nikkei 225 rebounded in Tokyo stock trading on the 9th, and improving investor sentiment prompted bond selling.