S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketJapan’s 10-year government bond yield rose above 1.9% on Thursday, reaching its highest level since 2007 amid growing speculation that the Bank of Japan will raise interest rates this month. Expectations strengthened after BOJ Governor Kazuo Ueda expressed confidence in Japan’s economic outlook and said the central bank would carefully weigh the pros and cons of a rate hike and act as appropriate. Finance Minister Satsuki Katayama also noted this week that there is no divergence between the government and the BOJ in their economic assessments, signaling continued alignment between fiscal and monetary policy. However, Prime Minister Sanae Takaichi’s expansive spending plans continue to weigh on Japan’s fiscal outlook. Meanwhile, a sales of Japan’s 30-year government bonds attracted the strongest demand since 2019 as higher yields lured market interest. the bid-to-cover ratio of the latest 30-year auction jumped to 4.04 from 3.125 at the previous sale in November.
