Mitsubishi UFJFG share price continues to fall; high long-term interest rates raise concerns of overvaluation
1 Articles
1 Articles
Mitsubishi UFJFG share price continues to fall; high long-term interest rates raise concerns of overvaluation
(9:25, Prime, code 8306) Mitsubishi UFJ has fallen for three consecutive days. It was down 11.50 yen (0.53%) from the previous day to 2,152 yen. In the domestic bond market on the evening of the 25th, long-term interest rates rose to 1.580%, 0.045% higher than the previous day (prices were falling). This was the highest level in 16 years and 5 months since October 2008. In the morning of the 26th, it was fluctuating around 1.575%. Buying was ahe…
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