A look at the day ahead in European and global markets from Ankur Banerjee The
NS fans turn up for Crosby's homecoming | SaltWireA look at the day ahead in European and global markets from Ankur Banerjee
Tokyo has not confirmed any such move to support the yen, with both Japan's finance minister and its top currency diplomat making no direct comment. The global bond selloff shows no signs of slowing as investors come to terms with a new era of higher-for-longer interest rates. They continue to sell bonds, sending yields higher with the 10-year Treasury yield at a fresh 16 year peak. The benchmark 10-year Japanese government bond yield also clung to a 10-year high.
Investor attention will also be on the political drama playing out in the United States, where a handful of Republicans in the U.S. House of Representatives on Tuesday ousted Republican Speaker Kevin McCarthy.
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