U.S. Treasury rates have risen, which means financing costs are higher. It's like a person; if your credit is poor, your loan interest will be higher.

There are really few bidders for 16 billion, which is hard to express in words.

Next, in June, there will be 6.8 trillion in U.S. Treasury bonds, putting more pressure on the U.S. government. Trump will face regulatory criticism in June, as well as real financial issues.

If tomorrow's closing shows a Teletubby and still breaks new highs, the probability of a pullback will increase. We will see if large investors can keep buying to push the market up, dragging the technical trend that is expected to decline upwards.

Let's observe first and wait for the market's outcome.