Yen jumps as bond yields pull back; Waller cites disinflation
Yen surged 1.7% versus the dollar as yields eased from multi-year highs. Fed’s Waller said he sees signs of disinflation; traders weigh intervention risk.
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Yen jumps as bond yields pull back; stocks fluctuate
Stocks fluctuated as bond yields pulled back from multi-year highs. The yen surged 1.7% against the dollar amid higher bets on Japanese rate hikes, with intervention risk in focus.