1. Japan's 10-Year Bond Yield Hits 1997 High as Middle East Tensions Escalate
Japan's benchmark 10-year government bond yield has surged to its highest level since 1997, a dramatic move signaling intense pressure on one of the world's last major low-rate bastions. The spike is a direct response to escalating geopolitical risk, specifically the US move to blockade the critical Strait of Hormuz, w...