US Treasury Secretary's comments boost expectations for a Bank of Japan rate hike. Market watchers anticipate a potential increase at the September policy meeting. This follows a joint currency intervention aimed at supporting the Japanese yen. The Bank of Japan faces increasing pressure to tighten monetary policy. Future meetings will be closely watched for policy signals.

JGB yields rise and stocks fall as Japan finance minister's words keep traders wary

BOJ may face ramped-up pressure from Washington to hike rates