The main force lacks confidence in the future market

On October 1, the yield of UK 30-year treasury bond rose to 6% for the first time since 1998.

Mitsui Sumitomo Nikko Securities economist Yoshimasa Maruyama stated that the summary of opinions from the September meeting of the Bank of Japan did not provide enough hawkish views to support continuous interest rate hikes. Regarding the determinants of the financial environment, some opinions emphasize corporate behavior and asset prices, and the Bank of Japan does not need to overly rely on benchmark interest rates when deciding whether to raise interest rates. The overnight index swap market takes into account a 20% probability of the Bank of Japan raising interest rates in October and an 82% probability of a rate hike in December. (Source: Jin Shi)

SMBC Nikko economist Yoshimasa Maruyama stated that the minutes of the Bank of Japan's September meeting lack sufficient hawkish views to support expectations of consecutive interest rate hikes. The meeting minutes listed corporate behavior and financial conditions such as asset prices as key determinants of future policies, and the Bank of Japan may not rely solely on policy interest rates when deciding on tightening policies. The OIS price shows that the probability of a rate hike in October is about 20%, and the probability of a rate hike in December is 82%.

An Ethereum security researcher estimates about 0.36 ETH in rewards was diverted, while precautionary exits cover validators holding roughly 523,000 ETH.

Apollo Global Management will provide financing support for a $15 billion AI infrastructure project in Japan. Apollo Global Management, as a strategic investment and financing partner, participates in projects jointly promoted by RHAELM Holdings, Jera, and Dell Technologies. The project is located in Chiba Prefecture, Japan and aims to build infrastructure that supports AI computing needs. (Source: Bloomberg)