Interest rates: In the morning session, government bond futures rebounded, with long-term interest rates at 1.05%. Buying is dominant due to the decrease in US interest rates.

Government bond futures rebound in the morning session, with long-term interest rates at 1.05%. Buying dominance due to decline in US interest rates.
The benchmark December government bond futures ended the morning trading session at 142.99 yen, 19 sen higher compared to the previous trading day. The yield on newly issued 10-year government bonds (long-term interest rates) decreased by 2.0 bps to 1.050%. Government bond futures are seeing buying dominance against the backdrop of the decline in US interest rates from the previous day.
Bond futures have moved higher since the morning. It followed the trend of a decrease in the previous day's US long-term interest rates to around 4.26%.
Reflecting the external environment, yen bonds have seen some buying back temporarily. However, amid lingering expectations of interest rate hikes by the Bank of Japan, Senior Bond Strategist at Okasan Securities, Mr. Makoto Suzuki, views that it is unlikely to be a situation where buyers actively pursue higher prices in the short term.
With Thanksgiving holiday closing the US market and fewer market participants expected, trading is generally thin overall.