日本30年期国债收益率上升5个基点，至4.055%。日本10年期国债收益率上升5.5个基点，达到2.965%。

Foreign media report that as Trump increases pressure on institutions he views as adversaries, JP Morgan and First Capital have opted to resist. Legal experts and industry sources say litigation may carry lower risk than capitulation. Trump and his affiliated businesses have sued both banks, alleging they closed his accounts in 2021 for political reasons; both banks deny the claims. Trump is seeking $5 billion from JP Morgan; the claim against First Capital was not specified.

Short-bond positioning has driven the benchmark 10-year US Treasury yield toward the 5% threshold ahead of US CPI, the release that will shape Fed rate expectations. The 10-year climbed 18 bps this week and traded just under 5%; it was 4.98% on Friday, the highest since 2023 and approaching the 2007 peak. Traders cite rising oil and persistent inflation running above the Fed’s target for five years as upward pressure. Markets price roughly a 70% chance of a Fed hike at the Sept. 16 meeting. ING Americas head of research Padhraic Garvey said a 5% 10-year now looks inevitable and called the period worrying for the bond market.