日本30年期國債收益率繼續上升，現漲12個基點至3.950%。

HSBC said the dollar's rapid appreciation could become one of H2's biggest "pain trades." The bank expects gradual dollar strength through H1 2027 but warned that if the Fed signals readiness to tighten policy beyond current market pricing and geopolitical tensions re-escalate, the rally could become explosive. HSBC said that risk rose after the June Fed meeting, when officials emphasized inflation and gave little forward guidance, refocusing markets on rate differentials and lifting the dollar across major currencies over the past two weeks. Analysts including Paul Mackel said the pain trade may manifest as a more explosive dollar appreciation.

日本央行委員佐藤綾野：重要的是要仔細審視近期的通脹是否是暫時的、成本驅動的價格上漲，還是更持久的、需求驅動的通脹。