Japan finance minister Kato says bond market should determine yield movements ...Middle East

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Said that bond markets should dictate yield movements, following a brief spike in the 40-year government bond yield to a record high.

He declined to comment on the reasons behind the rising yields, citing concerns that such remarks could influence market behaviour. Kato also refrained from detailing potential government actions, suggesting that authorities are monitoring the situation without immediate intervention.

Kato spoke an hour ago or so, but got swamped by Middle East developments:

Israel-Hamas ceasefire has collapsed

Reports an Iranian ship was sunk by US forces as Gaza attacks took placeMore on reports an Iranian ship has been sunk - still unconfirmed This article was written by Eamonn Sheridan at www.forexlive.com.

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