Japan Week Ahead: Markets Eye Impact of Japan-US Joint Action to Stop Yen from Falling Further as Rising Bond Yields Could Hurt Economic Growth while Inflation Persists
By Max Sato (MaceNews) – Market participants are watching whether Japan’s currency intervention last week will have any lasting effect on keeping dollar bulls at bay amid concerns that rising long-term bond yields triggered by Tokyo’s large fiscal spending plans will spill over to boost borrowing costs in the United States. Finance Minister Satsuki Katayama […]