And Thursday’s big move lower in the yen in one sense ... be trying to support its currency,” said analysts at ING in a note.

Yen-hedged 10-year US notes yielded 0.28%, after staying below zero since September 2022. Hedge costs, which are largely driven by differences in short-term interest rates between two economies ...

However, the yen gave up most of its advance as T-note yields rose ... stronger than expectations of +0.5% m/m and the largest increase in almost 4-1/2 years. Japan Dec Tokyo CPI rose +3.0% ...

Market players took note of the fact that Japan has refrained from intervening in the currency market despite the yen hitting several ... index rose 9.7%, its biggest gain since June 2023.

And Thursday's big move lower in the yen in one sense ... be trying to support its currency," said analysts at ING in a note. -Barbara Kollmeyer This content was created by MarketWatch, which ...