Long-term interest rates: 10-year government bond yield rises to 2.82%, highest level in about 29 years

Long-term interest rates rose in the bond market on the 6th at the beginning of the week, with the yield on 10-year government bonds, a representative indicator, rising to 2.82%. According to Nippon Sogo Securities, this is the highest level in approximately 29 years since May 1997. In the market, long-term interest rates are rising due to concerns about the expansion of the fiscal burden and the view that inflation will accelerate faster than the Bank of Japan's rate hike.