Interest rates: In the morning session, government bond futures continued to rise, supported by higher US bonds and lower Japanese stocks, with a long-term interest rate of 1.055%.

<11:07> Government bond futures continued to rise in the morning session, supported by higher US bonds and lower Japanese stocks, with the long-term interest rate at 1.055%.
The central contract month for government bond futures in December closed the morning trading session higher at 142.98 yen, up 13 sen from the previous trading day. The rise was fueled by higher US bond prices and risk-off sentiment in the Japanese stock market. The yield on the new 10-year government bond fell by 1.5 basis points (bp) to 1.055%.
Today's government bond futures saw a strong start, with a tailwind as US bonds were bought and the yield on 10-year bonds (US long-term interest rates) fell to the 4.2% range against the backdrop of receding concerns about fiscal expansion following the nomination of Scott Bessent as the next US Treasury Secretary.