John Cheng

Japan's Long-Dated Bonds Slump as Global Rout Adds Pressure (Bloomberg) -- Longer-dated Japanese government bonds fell on Thursday, even

(Bloomberg) -- Longer-dated Japanese government bonds fell on Thursday, even after solid demand at a 30-year auction, as rising global yields continued to weigh on the market.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Lands in China for Xi Trade Summit With Iran War in LimboThe 30-year yield climbed as much as 10 basis

Currency traders are increasingly alert to the risk of further market intervention by Japan following a 1% slide in the yen this week that has pushed it to 158 per dollar.

(Bloomberg) -- Currency traders are increasingly alert to the risk of further market intervention by Japan following a 1% slide in the yen this week that has pushed it to 158 per dollar.

Japanese government bonds sold off on Monday sending yields to record highs as rising oil prices fueled inflation fears. Here’s what strategists are saying:

Japan’s five-year government bond auction Monday saw lower demand than the 12-month average as elevated oil prices fueled inflation concerns.

For the full experience visit: Japan Spent Billions and Yen Is Still Falling

BofA Securities is turning less bearish on the yen and sees three catalysts that could eventually turn it outright bullish, even as the currency drifts back toward 160 per dollar.

RBC BlueBay Asset Management added to long yen positions this week as the currency drifted back toward 160 per dollar, viewing the level as increasingly attractive amid possible intervention and expectations of a Bank of Japan rate hike in June.

Japan’s 40-year government bond auction drew stronger demand than its 12-month average, as higher yields attracted investors despite inflation concerns driven by the Middle East conflict.