Latest Updates Around The World
Japanese government bonds rose on Friday as cooling inflation reduced the urgency for central bank rate hikes and Prime Minister Sanae Takaichi reiterated her pledge to pursue “responsible” fiscal policy. The yield on ten-year Japanese government bonds fell by 3.5 basis points (bps) to 2%. The yield on two-year bonds, the most sensitive to the […]
Longer-dated Japanese government bonds rose on Thursday on solid demand at a closely watched auction of 30-year debt, even as a crucial election loomed on Sunday that would shape the government’s big fiscal stimulus plans.Yields on 30-year government bonds fell 6.5 basis points (bps) to 3.57% by 0611 GMT, while yields on 40-year bonds fell […]
Japanese government bonds (JGBs) fell, sending yields to record highs, while Tokyo stocks and the yen also fell after Prime Minister Sanae Takaichi’s call for early elections shook confidence in the country’s fiscal health.Takaichi’s new campaign promise to cut sales taxes on food sent the yield on 20-year Treasury notes soaring as much as 19.5 […]
Japanese 10-year government bond yields reversed course to a notch higher on Tuesday, following a fairly strong outcome at an auction of bonds with the same maturity. Ten-year Japanese government bond yields rose 0.5 basis point (bp) to 2.12%, after falling 1 bp to 2.105% ahead of the auction. “Despite the current yield level, which […]
Japan’s broad Topix gauge hit a record high on Friday as waning sovereign debt concerns gave stocks a tailwind. The Topix hit an all-time intraday high of 3,436.75 in early trading before losing some momentum to close down just 0.2% at 3,423.06. The blue-chip Nikkei index rose 0.7% to 50,750.39, posting a 2.5% gain for […]
Japan plans to issue new government bonds worth about $189 billion to finance a record budget for next fiscal year, a draft reviewed by Reuters showed on Wednesday that underlined the government’s expansionary fiscal policy. The annual budget, which will be finalized on Friday, will be the first put together by Prime Minister Sanae Takaichi, […]
The yen languished near a record low against the euro on Monday after Bank of Japan Governor Kazuo Ueda stuck to his usual cautious rhetoric following a rate hike on Friday. The Japanese currency was trading near an 11-month low against the US dollar and just below a 17-month low against the Australian currency. A […]
Japanese government bonds (JGBs) remained under pressure on Tuesday, with 20-year yields hitting a 26-year high, as concerns mounted over a massive new stimulus. The 20-year Japanese government bond yield rose 7 basis points (bps) to 2.81%, the highest level since July 1999. The 10-year yield rose 2 basis points to 1.750%, a level not […]
Japan’s Nikkei stock index closed at a record high on Tuesday, led by consumer shares, after budget dove Sanae Takaichi voted in parliament to become the country’s first female prime minister. Earlier in the day, the stock index rose as much as 1.55% but gave up most of its gains in choppy trading after Japan’s […]
