Economic Calendar
Japan 10-Year Yield Eases Ahead of Wage Data
Japan’s 10-year government bond yield slipped to around 1.6% on Tuesday, retreating from 17-year highs as investors awaited wage data this week that could guide domestic monetary policy. Markets remain split on the timing and scale of Bank of Japan rate hikes amid lingering tariff-related uncertainty. On Tuesday, BOJ Deputy Governor Ryozo Himino said the central bank should continue gradually raising rates but emphasized that global economic uncertainty remains elevated, signaling no rush to tighten aggressively. He also noted that Japan’s trade agreement with the US could help ease economic risks, though the full impact of US tariffs is still unclear.