Loading…

Finance Minister Katayama said the time was approaching for decisive action to support the yen after it slid beyond the 160-per-dollar level. The 10-year Japanese government bond yield reached 2.535%, its highest in 29 years, as yen weakness and rising crude prices stoked inflation concerns.
Rising yields and yen weakness raise Japan's import costs for energy and feed. The pending intervention threat adds volatility to dollar-yen pricing.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.