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Bond selloff pauses as stocks tread water on yen intervention watch

Bond market selloff has paused after recent pressure. Equity markets are trading flat as investors await further cues.

Why it matters: Traders are monitoring developments for potential yen market intervention.

Yen Weakens Past 160 per Dollar, Erasing Intervention Gains

The Japanese yen has fallen past the key ¥160 per dollar level. The depreciation is eroding gains achieved through prior currency intervention efforts.

Why it matters: The sustained weakening of the yen may affect Japanese import costs and economic conditions.

Japan's foreign reserves drop by a record $80 billion in August following yen intervention

Japan's foreign reserves drop by a record $80 billion in August following yen intervention（摘要待生成）