# 2026年 9月28日（月）コメンテーター：馬渕磨理子

- Show: 飯田浩司のOK! Cozy up！ Podcast【最新回のみ】
- Published: 2026-09-28
- Canonical: https://podc.club/en/episode/1366187377_bfacb04ca646.html
- Audio: https://traffic.omny.fm/d/clips/67122501-9b17-4d77-84bd-a93d00dc791e/3c31cad9-230a-4a5f-b487-a9de001adcdd/6076c4b1-ba17-4eab-965e-b4d2017a8b23/audio.mp3?utm_source=Podcast&in_playlist=47a5ec59-4c22-496d-b71d-b2a4001ebd5d
- Source: Edited from a machine transcript of the first 30 minutes of the episode. Not an official summary.

A week after heavy rain from Typhoon No. 25, the body of a woman in her twenties was found at a landslide site in Miura City, Kanagawa Prefecture, as Nippon Broadcasting System's "OK! Cozy up!" had commentator Mariko Mabuchi (Mabuchi Mariko) cover everything from weather-driven vegetable price hikes and bus suspensions to a worldwide rise in long-term interest rates. The broadcast also touched on the approach of Typhoon No. 26, rising long-term rates in the United States, and a Noto bookstore owner's report on rebuilding two and a half years after the earthquake.

## What this episode answers

### Why are vegetable prices rising right now?

Poor growing conditions from unstable weather have reduced supply, pushing up prices relative to demand. Spinach and other items have topped 300 yen, with stores posting explanatory pop-up signs and recommending frozen vegetables, napa cabbage, or lower-priced items like sanma and new-crop rice as alternatives.

### What transportation options are being explored in areas where typhoons have halted bus service?

The Ministry of Land, Infrastructure, Transport and Tourism's local transit "redesign" project is exploring shared taxis and on-demand buses that use smartphones to aggregate demand before dispatching vehicles, partly to avoid running buses in excess of actual demand.

### Why are long-term interest rates rising worldwide?

Rates have hit their highest level in roughly 30 years, since August 1996, after a stronger-than-expected U.S. PMI reading pushed the 10-year Treasury yield sharply up from 5% to 5.2%. Expectations of one or two more rate hikes this year, driven by economic strength, are reinforcing the rise.

### What is the current state of damage from Typhoon No. 25?

The body of a woman in her twenties, believed to be an apartment resident, was found at a landslide site in Miura City, Kanagawa Prefecture. Landslides on the Miura Peninsula alone have reached 140 locations, and some areas continue to face prolonged power outages and road closures.

### What has happened since to the bookstore affected by the Noto Peninsula earthquake?

Masari Yagi of "Iroha Shoten" in Noto Town reported that a government subsidy finally came through after roughly two and a half years since January 2024, and that with building code and fire safety applications completed, a contract-signing ceremony was held with construction parties.

## Article

## Weather and vegetable price hikes
As the broadcast opened with temperatures at 21.8°C and humidity at 94.7% amid rain, Mariko Mabuchi (Mabuchi Mariko) noted that if it rained again that day it would mark 33 consecutive days, tying the longest streak on record set in 2019. Coming a week after Typhoon No. 25 and two months after the Kumamoto earthquake, she pointed out that unstable weather has been pushing up vegetable prices. Spinach at supermarkets has topped 300 yen, with pop-up signs next to price tags explaining why prices are high; store staff attribute it to poor growing conditions reducing supply, and are recommending frozen vegetables or already-frozen napa cabbage instead. Meanwhile sanma (saury) and new-crop rice have gotten cheaper, with new rice falling to the low 2,000-yen range for 5 kilograms. Mabuchi said consumers can hedge against these weather-driven price swings by enjoying cheaper substitutes when prices spike.

## Typhoon damage and the search for local transit
Discussing areas where Typhoon No. 25 suspended bus service and taxis have filled the gap, Mabuchi shared her experience serving on the interim review of the Ministry of Land, Infrastructure, Transport and Tourism's "redesign of regional transportation" project. In areas where maintaining either rail or bus service is difficult, she explained, officials are considering shared taxis and on-demand buses—van-based services similar to Hiace vans that use smartphones to aggregate rider demand before dispatching.

## Economic news and forex/stock markets
Among the morning's newspaper headlines, the Yomiuri Shimbun reported a fivefold increase in areas suffering tree damage from the citrus longhorn beetle (affecting cherry trees and others across 311 municipalities over five and a half years). The Sankei Shimbun carried an interview with Asian Development Bank President Kanda on Japan's declining global presence, while the Nikkei reported the start of overseas trading of unlisted Japanese domestic stocks, reflecting startups' difficulty raising funds. Nakamura of Gaitame.com Research Institute reported that on the 25th, the Dow Jones Industrial Average rose 478.64 points to close at 51,828.62 on the New York Stock Exchange, the Nasdaq Composite gained 129.35 points to 27,068.72, and the yen finished trading around 157.30 to the dollar. He noted that President Trump expressed concern over yen weakness at the Japan-U.S. summit, and that a Japan-U.S. finance ministers' meeting reaffirmed the view that the yen remains undervalued.

## Behind the global rise in long-term interest rates
As the main topic, Mabuchi explained the worldwide rise in long-term interest rates to levels not seen in roughly 30 years, since August 1996. A stronger-than-expected U.S. PMI report released on the 23rd sent the 10-year Treasury yield sharply higher, from 5% to 5.2%. Views that economic strength will prompt one or two more rate hikes this year are driving the increase, while higher rates are also squeezing mortgage borrowers (U.S. fixed rates now exceed 7%) and corporate financing, raising concerns about a possible recession. On Japan, she noted that while wage increases are progressing, nominal GDP growth is approaching 4% even as the 10-year bond yield has climbed to nearly 3%, leaving the Domar condition—a measure of fiscal sustainability—increasingly tight.

## Typhoon No. 25's scars and the Noto bookstore's rebuilding
A week after heavy rain from Typhoon No. 25, the body of a woman in her twenties, believed to be an apartment resident, was found at a landslide site in Miura City, Kanagawa Prefecture. Landslides on the Miura Peninsula alone have reached 140 locations, and Typhoon No. 26 was approaching (about 130 km northwest of Minami-Daito Island). Listener emails included one from a 64-year-old man farming rice in Chiba Prefecture and a 59-year-old nursery school teacher in Sodegaura City, describing prolonged road closures and power outages, with the latter forced to place a child with a disability into short-stay care. The program also shared a report from Masari Yagi of "Iroha Shoten" bookstore in Noto Town: after more than two and a half years since January 2024, a government subsidy has finally come through, building code and fire safety applications have been completed, and a contract-signing ceremony was held with construction parties.

## Takeaways

- Unstable weather has driven vegetable prices sharply higher, with stores explaining the cause and recommending frozen or cheaper alternatives.
- A stronger-than-expected U.S. PMI has pushed long-term interest rates up to their highest level in roughly 30 years.
- As damage from Typhoon No. 25 continues, the body of a missing person was found in Miura City.