Japan Bonds Retreat as AI Shares Rebound
Japan bonds retreated as a rebound in AI shares reduced haven demand.
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Japan bonds retreated as a rebound in AI shares reduced haven demand.
By Junko Fujita TOKYO, Oct 16 (Reuters) — Japanese government bond (JGB) yields rose on Friday, rebounding from sharp declines in the previous session, as risk-off sentiment driven by CoreWeave debt woes eased. The benchmark 10-year JGB yield rose 1.5 basis points (bps) to 2.935%, after slipping 3.5 bps to 2.885% earli
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.