EZB8RISK / Market Briefing

Japan's long-term bond yields climbed to their highest levels in roughly three decades, with the "falling knife" in bonds stalling the pace of domestic repatriation for now. The ye

Japan's long-term bond yields climbed to their highest levels in roughly three decades, with the "falling knife" in bonds stalling the pace of domestic repatriation for now. The yen rose after Japanese and US officials jointly reaffirmed that an undervalued yen is a problem, keeping currency levels firmly in the diplomatic spotlight. Equity momentum remains without fresh confirmation as the market digests the post-Abenomics normalization path.

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