A post by @FirstSquawk on X.

Japan’s Nikkei futures rose 0.2% in early trade while 10-year JGB futures fell 0.56 point, pointing to a split open between equities and government bonds. The modest equity gain suggests investors are leaning toward risk assets, while the sharper move in JGB futures signals selling pressure in the long end of the Japanese government bond curve. The divergence matters because it shows positioning in Japanese stocks and rates is being driven by different forces rather than a single macro impulse. Traders will watch whether the Nikkei futures gain holds through the cash open and whether the JGB selloff extends or stabilizes.