1. Japan 2-Year Bond Yield Hits 28-Year High, Signaling Intense Pressure on BOJ to Hike Rates
Japan's two-year government bond yield has surged to its highest level since 1996, a dramatic move that signals intense market pressure on the Bank of Japan to abandon its long-held ultra-loose monetary policy. This isn't a minor fluctuation; it's a direct bet by global investors that a near-term interest rate hike is ...