Japanese Bond Market & Macro Signals
Japan's 30-year JGB yield creeps higher to 3.835% while economic indices hold steady. AUD/JPY extends its decline below 110.50, with bear momentum intact under the 100-day SMA.
What we know
FirstSquawk flagged a 0.5bps rise in Japan's 30-year JGB yield to 3.835%, a continued signal to watch given the BoJ's ongoing normalization trajectory. AUD/JPY is extending its decline below 110.50, holding bearish momentum under its 100-day SMA. Japanese macro data was essentially flat: Coincident Index 118.8 vs 118.7 prior, Leading Index 118.0 unchanged. Equity technician Mayne separately flagged key weekly levels in global equities, warning that high-timeframe structure breaks could trigger larger corrections.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.