Bond prices fell.Series of U.S. District Fed PresidentscommentIn response to the receding of next year’s interest rate cut speculation, long-term bonds and super long-term bonds are mainly sold, following the trend of a sharp rise in US long-term interest rates the day before. On the other hand, China’s reaction to U.S. House Speaker Pelosi’s visit to Taiwan may also be a factor in the market, and the Bank of Japan’s continued purchases of government bonds, as well as its ongoing limit-price operations, will support the market. ing.
Yurie Suzuki, a market analyst at Mizuho Securities, said regarding super-long-term bonds, “Yesterday’s curve over 10 years became bull-flat, so it’s time to be wary of a reactionary fall.” If demand for bargain buying is aroused while high interest rates are maintained, “the rise in ultra-long-term interest rates may be restrained relative to overseas interest rates.”
Katsutoshi Inadome, Senior Fixed Income Strategist at Mitsubishi UFJ Morgan Stanley Securities, commented on the situation in Taiwan, saying, “Increasing political tensions between the United States and China will be a factor in curbing interest rate rises.” showed the point of view.
The Bank of Japan conducts regular purchase operations in monetary operations at 10:10 a.m.Notice. Covers maturities over 1 year and up to 3 years, over 3 years up to 5 years, and over 10 years up to 25 years. The purchase amounts are 475 billion yen, 475 billion yen, and 125 billion yen, respectively. At the same time, it also announced a limit price operation to buy unlimited 10-year government bonds at a yield of 0.25%.
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