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UK prime ministerial candidate Burnham said he has not yet decided on his choice for chancellor of the exchequer.
2026-07-03
UK prime ministerial candidate Burnham said he has not yet decided on his choice for chancellor of the exchequer.
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2026-07-03
Japan 40-year government bond yield rose 1.5 bps to 3.870%.
Japan 40-year government bond yield rose 1.5 bps to 3.870%.
2026-07-03
BNP Paribas has raised its forecast for Japan's terminal policy rate to 2.50% from 2.00%. Economist Ryutaro Kono expects the Bank of Japan to pursue graduation tightening, hiking roughly every four to five months, taking the policy rate to 1.25% by e
BNP Paribas has raised its forecast for Japan's terminal policy rate to 2.50% from 2.00%. Economist Ryutaro Kono expects the Bank of Japan to pursue graduation tightening, hiking roughly every four to five months, taking the policy rate to 1.25% by end-2026, 2.00% by end-2027 and a terminal 2.50% in September 2028. He cites persistent yen downside pressure and inflation likely to remain above the BOJ's 2% target. The bank says the government is expected to remain passively tolerant of further rate rises.
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