Japan 10Y Yield Slips Despite Strong Trade Data
Japan’s 10-year government bond yield slipped to around 2.6% on Wednesday, giving back some of the previous session’s gains despite stronger-than-expected trade data and a recent interest rate hike by the central bank. Official figures showed Japanese exports jumped 17% year-on-year in May, marking the fastest growth since November 2022, supported by solid demand for automobiles and semiconductors. The data followed the Bank of Japan’s decision on Tuesday to raise its policy rate by 25 basis points to 1% in an effort to contain inflation and support the weakening yen. However, the move faced opposition from some board members, with Toichiro Asada arguing that downside risks to economic growth and employment outweigh the upside risks to inflation.
Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




