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
Japan’s 10-year government bond yield rose to around 2.88% on Friday, ending a two-day decline and tracking a rebound in US Treasury yields amid concerns that the US government’s plan to reduce borrowing costs may provide only a temporary solution. Global bond yields dropped earlier this week after the US Treasury Department announced larger debt buybacks aimed at containing borrowing costs, with Secretary Scott Bessent saying accelerated buybacks could exceed the announced $4 billion per issue while highlighting an upcoming long-term fiscal plan. Meanwhile, data showed Japan’s inflation rate accelerated for the second consecutive month, strengthening the case for a Bank of Japan interest rate hike in the near term. Markets are speculating on a possible move in September, with Governor Kazuo Ueda indicating that authorities could begin normalizing policy at a faster pace.
