“I’m worried about the rising trend of the thermometer value!” But it is not a thermometer that measures physique warmth, it is a authorities bond yield and long-term rate of interest known as the “economic thermometer.” The long-term rate of interest of US authorities bonds can be used as an index for varied monetary merchandise world wide, and its yield briefly rose to about 4.2%. The “heat” has spilled over to long-term rates of interest in Japan. And this motion can be a think about accelerating the yen’s depreciation.
When I approached the “why?”, I used to be reminded of how essential the “thermometer” is.
(Daisuke Ezaki, American General Bureau Reporter)