Economic Calendar
Japan 10-Year Yield Steady After BOJ Minutes
Japan’s 10-year government bond yield hovered around 1.65% on Thursday, holding near 17-year highs after minutes from the Bank of Japan’s July meeting signaled that policymakers remain inclined to raise interest rates if economic and price conditions develop as expected. At its September meeting, the BOJ kept rates unchanged but saw two dissents, underscoring the possibility of further tightening ahead. Investors now look to Friday’s Tokyo inflation report, a key gauge of nationwide price trends, for additional direction on the policy outlook. Politically, the ruling Liberal Democratic Party will elect a new leader on October 4 to succeed outgoing Prime Minister Shigeru Ishiba.