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Japan 10- and 20-year JGB yields surged to multi-decade highs this week as markets question Prime Minister Takaichi’s commitment to fiscal discipline and monetary-policy normalization, and government spending raises fiscal strain. 10y-2y JGB spread w

2026-07-09

Japan 10- and 20-year JGB yields surged to multi-decade highs this week as markets question Prime Minister Takaichi’s commitment to fiscal discipline and monetary-policy normalization, and government spending raises fiscal strain. 10y-2y JGB spread widened to 143bps on Wednesday, the most since 2004, reflecting rising long-end inflation/price risk alongside weaker expectations for near-term Bank of Japan rate hikes. Daiwa senior economist Kento Minami said recent curve steepening is a warning signal, highlighting a gap between market-priced risks and government fiscal-monetary policy.

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2026-07-09

U.S. Central Command: On July 7, U.S. Central Command forces attacked approximately 80 Iranian military targets, including more than 60 small vessels belonging to the Iranian Islamic Revolutionary Guard Corps, in retaliation for Iran's violation of t

U.S. Central Command: On July 7, U.S. Central Command forces attacked approximately 80 Iranian military targets, including more than 60 small vessels belonging to the Iranian Islamic Revolutionary Guard Corps, in retaliation for Iran's violation of the ceasefire agreement by attacking three merchant ships sailing in the Strait of Hormuz.
2026-07-08

Press TV, citing unnamed sources, reports Iran will strike enemy targets at at least twice the number struck against it. Sources say Iran will reopen the strait under the Islamabad memorandum, on arrangements determined by Tehran.

Press TV, citing unnamed sources, reports Iran will strike enemy targets at at least twice the number struck against it. Sources say Iran will reopen the strait under the Islamabad memorandum, on arrangements determined by Tehran.
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