EZB8RISK / Market Briefing

Japan's long-term bond yields remain near multi-decade highs, and the recent news flow offers little fresh direction, with headlines centered on diplomatic and embassy matters rath

Japan's long-term bond yields remain near multi-decade highs, and the recent news flow offers little fresh direction, with headlines centered on diplomatic and embassy matters rather than economic data. The yen's earlier gains, backed by joint Japanese and US statements on currency levels, keep exchange rates in the policy spotlight. Equity momentum still lacks fresh confirmation as investors weigh the path of monetary normalization.

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