JGBs rise amid possible position adjustments

2015 ET - JGBs rose in price terms in the morning Tokyo session amid possible position adjustments. Thursday’s focus is likely to be on the Japanese Finance Ministry’s auction of about 600 billion yen of 30-year sovereign debt. "The smaller issuance amount versus other maturities and the rise in yield to date should attract demand, particularly from real money," SMBC Nikko Securities’ Miki Den said in a research report. "We expect a somewhat strong auction," the senior Japan rates strategist added.

185%. 1948 ET - Japanese stocks may fall as uncertainty over borrowing costs and the Iran conflict continues. 5% at 69955 on the SGX. 35 at Wednesday’s Tokyo stock market close.

Investors are focused on developments in the Middle East, crude oil prices and bond yields. Quarterly results from Fast Retailing and Seven & I Holdings due later Thursday will be closely watched. 71 on Wednesday. S.

Treasury yields and the yen, according to market participants. S. dollar is being supported by rising Middle East tensions. CBA's Carol Kong says a pickup in Iranian attacks on vessels in the Strait of Hormuz has kept Brent crude futures elevated, which in turn is supporting the dollar.

Kong also says the minutes of the FOMC's September meeting reinforced the view that the Fed's hiking cycle is not over. S. 6961, At 1840 ET, UBS says Australia's housing market slump will have a significant impact on state government tax revenues. The bank says states may need to issue an additional 35 billion Australian dollar in bonds over the coming four years to cover the revenue shortfall.

UBS assumes stamp duty on property sales falls 20% in 2026-27, stays flat in 2027-28, and then rebounds 10% in each of the following two years. 5 billion dollars to state borrowing over the forecast. 1651 ET - Mexico's inflation likely picked up pace in September on higher noncore prices, while core inflation is expected to ease from August. 26% in August, according to a WSJ survey of analysts.

88% in August. Statistics institute Inegi is scheduled to release September inflation data on Thursday. 300%, the highest in 26 years. Demand for the offer was described as strong, and yields eased in secondary trading.

Fed minutes released an hour after the auction left expectations for a hold this month priced in. 361%. 699%. 1403 ET - Treasury yields staying elevated have led some Fed officials to get questions on whether markets are doing some of the tightening for them.

Capital Economics said tighter financial conditions mainly reflect expectations for higher policy rates. It added that if central banks do not deliver those rates, the tightening could unwind. The note said it expects central banks are unlikely to raise interest rates as much as investors currently expect over the next year, and said energy prices may fall next year, which would mean second-round effects fail to materialize. S.

S. yields as the market awaited the Fed minutes for interest-rate guidance. Earlier gains in oil prices had also weighed on precious metals because of the inflationary implications of higher energy costs. 899 a troy ounce.

com says, limiting financing options for buyers of lower-priced homes. Loans of that size made up more than 12% of all home loans originated in 2013 and 2014, but less than 3% in 2025 and 2026. The decline reflects both a shrinking supply of low-priced homes and persistent barriers to originating smaller loans. These mortgages are most common in lower-cost and rural areas.

5%. The borrowers who use small mortgages do not appear to have weaker credit profiles. The median purchase price for homes financed with small mortgages was $109,681 in 2026. S.

dollar gains and traders look to minutes of the Fed's latest meeting for clues on interest rates. S. dollar, raise the opportunity cost of holding non-yielding gold and put near-term downward pressure on the metal. 16 a troy ounce.

At 1139 ET, Glassnode said recent Bitcoin buyers have used the cryptocurrency's latest price run-up to sell and take quick profits. The analysts said 86% of bitcoin that moved onto exchanges on Sunday came from short-term holders, the highest level in more than a year. They said continued quick-profit selling could create a wall of supply at the $85,000 level. They also said a move into the $81,700 to $83,300 range could force traders with leveraged bullish bets to sell and cover losses, which could push the price lower.

At 1102 ET, strength in altcoins quickly faded in the early days of October, with most major cryptocurrencies outside bitcoin or stablecoins giving back gains. Cryptocurrencies are posting sharp losses in morning trade, with Glassnode saying altcoins are amplifying the declines seen in bitcoin. The firm said leverage has built up around many mid-cap and small-cap tokens, with open interest high relative to total market capitalization, a setup it described as a possible unwind ahead. 84.

October 07, 2026 20:15 ET (00:15 GMT)