Long-term interest rates rose in the bond market on the 8th, with the yield on 10-year government bonds, a representative indicator, rising to 2.86%. According to Nippon Sogo Securities, this is the highest level in approximately 29 years since May 1997. Recently, in addition to continuing concerns about Japan's fiscal situation, tensions between the United States and Iran are rising again and crude oil futures prices are rising, and there is a view that inflation will increase in the future, leading to sell-offs of government bonds and rising long-term interest rates.