The USD/JPY Exchange Rate Surpasses 150 Yen Again After 17 Days... Long-Term Interest Rates on the Rise

The USD/JPY exchange rate briefly surpassed 150 yen per dollar during trading in the foreign exchange market on the 20th. This is the first time in 17 days since it exceeded 150 yen in the New York foreign exchange market on the 3rd of this month.

The 150 yen level in the USD/JPY exchange rate is considered a 'psychological resistance level' in Japan. Recently, the USD/JPY exchange rate has shown weakness, maintaining a range of 148 to 149 yen per dollar.

Meanwhile, Japan's long-term interest rate indicator, the 10-year government bond yield, continued its upward trend, rising to 0.845%, the highest level in 10 years and 3 months.

This is largely due to the temporary surge in the US 10-year Treasury yield, which serves as a global benchmark for bond yields, on the 19th.

This content was produced with the assistance of AI translation services.