After the meeting of the Bank of Japan, the Nikkei Index fell from its record high, and Japanese government bonds experienced volatile fluctuations.

The Nikkei index in Japan fell from record highs on Tuesday, Japanese bonds were volatile, and the yen strengthened. Prior to this, the Bank of Japan maintained interest rates unchanged while also signaling a hawkish stance. In afternoon trading, the Nikkei index fell by 1%. The 30-year Japanese government bond yield dropped by 3.5 basis points to 3.640%. The 5-year Japanese government bond yield rose by 1.5 basis points to 1.865%. The 2-year Japanese government bond yield increased by 2 basis points to 1.380%. The benchmark 10-year Japanese government bond yield briefly rose to 2.48%, close to the 29-year high of 2.49% reached earlier this month, before falling back to 2.465%.