Interest Rates: In the morning session, government bond futures continued to fall significantly, with long-term interest rates reaching a high level of 1.035% for the first time in three and a half months.

Government bond futures in the morning session continued to decline significantly, with long-term interest rates reaching a high level of 1.035% for the first time in 3 and a half months.
The center-month December government bond futures fell significantly by 36 sen compared to the previous trading day, closing the morning session at 143 yen 17 sen. The substantial increase in US long-term interest rates and speculation about additional rate hikes by the Bank of Japan became selling factors. The newly issued 10-year government bond yield (long-term interest rate) rose by the same 3.0 basis points (bp) to 1.035%, reaching a high level not seen since August 1st after 3 and a half months.
Today's government bond futures took a weak tone with selling pressure from the morning as a headwind, following a significant rise in the yield of 10-year government bonds (long-term interest rates) to the 4.4% range in the post-holiday session of the US market.