Bonds are rising, with buying dominant due to concerns over the economy and a decrease in US interest rates. weighed down by wage statistics.

Last updated on September 5, 2024, 11:12 JST (excerpt).
On the 4th, bond prices rose as the flow of buying continued in response to the decrease in US interest rates and the night trading of yen bond futures amid concerns about the future of the economy. Domestic wage statistics showed slower growth than expected. The 30-year government bond auction is creating a mix of opinions, with some expressing caution about the decline in yield and others viewing it as undervalued on the yield curve.
Masayuki Kohoko, Executive Fund Manager at Mitsubishi UFJ Asset Management, commented on monthly labor statistics, saying, "In the bond market, short- to medium-term bonds and bond futures tend to struggle amid potential expectations of interest rate hikes." Regarding the bond market, he pointed out that the decline in interest rates due to concerns about US employment conditions makes it "generally more stable."