日本央行加息“靴子”落地，日经225ETF、日经ETF涨1.8%

Group 1 - The Nikkei 225 index rose by 1.03% today, closing at 49,507.21 points, with related ETFs in the A-share market also increasing by over 1.7% and showing a year-to-date gain of over 25% [1] - The Nikkei 225 index is composed of 225 highly liquid and representative stocks listed on the Tokyo Stock Exchange, including companies like Advantest, Fast Retailing, SoftBank Group, Tokyo Electron, TDK Corporation, KDDI, Fanuc, and Chugai Pharmaceutical [1] - The Bank of Japan's recent interest rate hike of 25 basis points to 0.75% marks the highest level in 30 years and is part of a gradual normalization process, with this being the fourth rate increase since March 2024 [1] Group 2 - The current interest rate hike by the Bank of Japan is occurring amidst a trend of yen depreciation, which has recently surpassed 158, and is expected to lead to structural adjustments in major asset classes [2] - The anticipated rise in interest rates is expected to support the yen significantly, as the narrowing of the interest rate differential between Japan and the U.S. will trigger unwinding of carry trades [2] - Short-term Japanese government bond yields are expected to rise rapidly, while long-term yields may see a slight increase; however, the ongoing rate hike cycle will exacerbate fiscal sustainability pressures due to Japan's substantial government debt [2]