In a noteworthy development, Japanese investors turned their attention to foreign bonds for the first time in three weeks, driven by a strengthened yen and increasing overseas yields. Simultaneously, foreign investors returned to Japanese long-term bonds after earlier outflows, although they receded from Japanese stocks and short-term bills. This trend follows recent currency market interventions by both Japanese and US authorities.

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

Japan has struggled to prevent a decline in the yen, which pushes up import prices and stokes inflation. Read more at straitstimes.com. Read more at straitstimes.com.