Japan’s 10-year government bond yield surged to an 18-year peak of 1.980% on Wednesday, fueled by concerns over the government’s record-breaking draft budget for fiscal 2026, which is projected to exceed 120 trillion yen. This fiscal worry, coupled with expectations of Bank of Japan rate hikes, prompted investors to sell longer-dated bonds, pushing yields higher across the curve.
AI spending boom faces funding and power reality check: Jim Walker
AI’s ambitious spending faces a funding crunch, shifting from internal cash to debt, raising investor concerns. Experts highlight energy and skilled labour shortages as the