USD/JPY briefly touched 161.941, then quickly retreated about 20 pips to 161.84.

U.S. Secretary of State Rubio said the U.S. seeks to ensure any decisions under the agreement take allied interests into account.

US investment-grade corporate bond issuance hit a record in June, totaling $175bn, driven by strong investor demand and large borrowings tied to AI infrastructure spending, according to a Bloomberg compilation. The amount was about 60% above June 2025's level and surpassed the 2020 post-COVID near-zero-rate peak. NVIDIA and SpaceX each sold $25bn of investment-grade bonds this month, pushing issuance well past dealers' prior estimate of roughly $130bn for June.