It looks like demand for high-quality steel remains strong and supply remains limited.

Sumitomo Mitsui owes more than the other banks, yet its profitability is very good. It's not surprising it wants to show it's eager to pay the debt as soon as possible. Owing the government gives a bad impression.

Domestic bond yields have risen sharply and as a result utilities have lost their attractiveness.

The important thing is that global growth continues. Demand for technology goods remains strong.

Of course, demand was very high, and demand outstripped supply,

The contradiction between demand and supply of military funds remains obvious.