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 […]
The Nikkei stock average broke above 58,000 for the first time on Thursday, joining a rare three-way rally with government bonds (JGBs) and the yen as markets digested the fallout from Prime Minister Sanae Takaichi’s historic election victory. The benchmark Nikkei 225 Index rose 0.3% to 57,816.14 after hitting a high of 58,015.08 earlier in […]
The global economy is entering an unusual and potentially difficult phase for bond investors, as public finances in major developed economies deteriorate rapidly – even in the absence of a financial crisis or pandemic. Unlike the extraordinary fiscal expansions we saw during the global financial crisis or Covid-19, the current surge in lending is taking […]
