The yen jumped 0.6 per cent to 161.39 per US dollar on the news, as at 10.52am Singapore time. Read more at straitstimes.com. Read more at straitstimes.com.

Japan's Finance Minister pushed pension funds toward domestic bonds, lifting the yen and cutting JGB yields briefly amid a historic bond market selloff.

The yen jumped 0.6 per cent to 161.39 per US dollar on the news, as at 10.52am Singapore time. Read more at straitstimes.com. Read more at straitstimes.com.

Japan's $1.81 trillion GPIF pension fund may shift toward domestic assets after Finance Minister Katayama's announcement, but traders question the