Japan’s yen has fallen below 160 yen per dollar, marking its lowest level against the U.S. currency in years, while government bond yields have climbed to their highest point in three decades. The sharp decline reflects growing investor expectations of aggressive monetary policy tightening, as central banks globally respond to persistent inflationary pressures. Traders are closely watching whether Japan’s Bank of Central will follow suit with its own rate hikes, potentially reshaping financial markets. The move underscores mounting concerns over currency stability and economic adjustments in a shifting global financial landscape.
Currency weakens past ¥160 a dollar and yields rise to highest in three decades as investors raise bets on monetary tightening
