Federal Reserve Governor Bowman, in prepared remarks on bank regulation and supervision, did not comment on monetary policy or the economic outlook.

Yemen's Houthi forces said they targeted Saudi Arabia's ABHA airport with missiles; Saudi authorities have not confirmed.

Demand at Tuesday’s 10-year JGB auction exceeded the 12-month average, with a bid-cover ratio of 3.76 versus 3.29 at the previous auction and a 12-month average of 3.21. The tail (average accepted price minus lowest accepted) was 0.02 percentage points, down from 0.12 last month. Benchmark 10-year JGB yield touched 3.115%, matching the highest level since 1996; higher yields supported buying and domestic market conditions bolstered the auction after last month’s same-maturity sale cleared at around 3%. Market expectations for October rate hikes in both Japan and the U.S. have eased, and Takaichi Sanae’s government has sought to allay fears it would pursue inflationary policy or pressure the BOJ to keep borrowing costs low.