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JGB yields hit fresh multi-year highs as wages rise
TOKYO, Feb 5 (Reuters) - Japanese government bond (JGB) yields hit new multi-year highs in early trade on Wednesday after government data showed a rise in wages, bolstering chances of further interest rate hikes.The 10-year JGB yield JP10YTN=JBTC rose 2 basis points (bps) to 1.295%, its highest sinc...Reuters
Feb 5, 2025
Fed's Jefferson: Rates likely to fall over medium term
Feb 4 (Reuters) - The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central bank's message that policymakers needn't rush their next rate cut.
Japan's service activity grows thanks to Asian demand, PMI shows
TOKYO, Feb 5 (Reuters) - Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.The final au Jibun Bank Service purchasing managers' index (PMI) rose to 53.0 in January f...Reuters
Feb 5, 2025
Trump 2.0 marks 'quantum leap' on trade from first term, Navarro says
Trump's trade team aims to shift US government focus to tariffsTreasury Secretary Bessent to lead foreign acquisition investigationsCommerce nominee Lutnick to focus on trade, such as Section 232 tariffsBy Andrea Shalal WASHINGTON, Feb 4 (Reuters) - Members of U.S. President Donald Trump'...Reuters
Feb 4, 2025
