⌨The day was dominated by the surge in long-term interest rates, which hit 3% for the first time in about 30 years. The rise was driven by US bond sell-offs, expectations of BOJ rate hikes, and fiscal concerns under the Takaichi administration. Coverage was extensive across NHK, TBS, Nikkei, Asahi, Chunichi, and Sankei, with updates throughout the day as the yield briefly touched 3.0% and then exceeded it. The impact on fixed mortgage rates and the broader economy was a key focus.
Other stories included the aftermath of the Ise fire, where 58 buildings were destroyed, and the Nepal landslide, where the death toll surpassed 1,000 and five missing Japanese were identified as a family of Osaka teachers. The death of Toyohiro Akiyama, the first Japanese in space, also received attention.