Bond futures fall, sense of caution about the Bank of Japan meeting smolders - US long-term interest rates rise

Updated 2024/7/23 8:56 JST (some excerpts)
Futures fell on the bond exchange rate on the 23rd. There is a sense of caution that the Bank of Japan will drastically reduce government bond purchases or increase additional interest rates at the monetary policy meeting to be held next week. The rise in long-term interest rates in the US market is also significant.

Senior interest rate strategist Okumura Tsutomu of SMBC Nikko Securities says that there is a possibility that it was partially reported that Secretary General Mogi Toshimitsu of the Liberal Democratic Party stated that “it is necessary to more clearly set out a policy to normalize monetary policy, including the examination of gradual interest rate increases,” was affected by the fact that futures night trading fell on the evening of the 22nd.