Investors Are Worrying About Potential Spillover From Surging Japanese Bond Yields. Here’s a Breakdown of What Matters.

Investors are worrying about potential spillover from surging Japanese bond yields. Here’s a breakdown of what matters.

Rising Japanese bond yields, coupled with the expectation that the Bank of Japan will raise interest rates again later this month for the first time …

Japanese Yen Forecast: USD/JPY Slips on Surging JGB Yields Ahead of PCE

USDJPY – 1 Minute Chart – 051225While market bets on a BoJ rate hike are boosting demand for the yen, key US data will fuel speculation about multiple Fed rate cuts. US Personal Income and Outlays Report Takes Center Stage Later on Friday, the highly anticipated Personal Income and Outlays report will be under the spotlight. Economists expect the Core PCE Price Index to rise by 2.9% year-on-year and by 0.2% MoM in September, matching August’s tr…