Stocks, interest rates, government bonds, foreign exchange: The Nikkei average at the close continued to decline, government bond futures rebounded, and the dollar remained firm around 158 yen.

At the close, the Nikkei average continued to decline, temporarily down 590 yen due to position adjustments.
In the Tokyo stock market, the Nikkei average closed lower at 39,605.09 yen, down 375.97 yen from the previous trading day, mainly affected by continued reports related to US tariffs, strengthening of semiconductor export regulations. The market was also weighed down by the memorial day of former US President Carter, causing the US stock market to be closed tonight and anticipation of tomorrow's US employment statistics release leading to position adjustment selling. At one point, the Nikkei average approached a 600 yen decline.

Government bond futures closed higher, rebounding after an initial decline, lowering long-term interest rates to 1.17%.
The central government bond futures for the March contract closed higher at 141.31 yen, up 8 sen from the previous trading day, ending the session on a rebound. Despite the initial selling pressure, they reversed the trend due to a pause in the rise of US interest rates and successful bidding. The yield on newly issued 10-year government bonds (long-term interest rates) fell by 0.5 basis points to 1.170%. At one point in the early stages, there was a scene where the yield rose to 1.185%, the highest level in 13 years and 8 months.
Today's government bond futures started with initial selling pressure due to the flow of US Treasury selling in the previous day's market leading to a temporary 8-month high yield of 4.73% for 10-year bonds. Additionally, the announcement of the November monthly labor statistics early in the morning showing a 3.0% year-on-year increase in total cash earnings from the previous month accelerated the selling pressure.

At 3:00 PM, the dollar was traded at the low 158 yen level, slightly weaker against the yen compared to the New York market's closing. Despite the continuous buying momentum since the beginning of the year, there is some pressure on the upside due to position adjustments ahead of tomorrow's US employment statistics.