Japan Private-Sector Growth Slows as Domestic Demand Weakens 
Dollar Hits Two-Month High as Fed Rate Hike Bets Rise 
Russian Envoy Dmitriev Heads to US for Ukraine Talks 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Oil Prices Rise as U.S.-Iran Talks Fuel Diplomacy Hopes 
U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
South Korea, US Discuss Warship Building Cooperation 
European Stocks Slip as Iran Tensions Offset Strong Eurozone Data 
Gold Prices Rise as Oil Slide Eases Fed Rate Hike Fears 
Add as a preferred source on Google
The Japanese government bond yields suffered at the cost of an additional tariff imposition by the United States President Donald Trump on Chinese goods, citing, inappropriate progress on trade talks, hinting at further stern decisions, if no conclusion is reached at the earliest.
At close, the yield on the benchmark 10-year JGB note, which moves inversely to its price, plunged 16-1/2 basis points to -0.165 percent, the yield on the long-term 30-year suffered 4 basis points at 0.324 percent and the yield on short-term 2-year slumped 20 basis points to -0.203 percent.
US President Donald Trump has announced a 10 percent tariff on the remainder USD300 billion of Chinese imports starting September 1. The decision was probably aimed at pressurising China for more progress at the second round of trade negotiations in Washington scheduled for early September, DBS Economics & Strategy reported.
The first round of talks in Shanghai had been brief and characterised by mutual criticism. In the currency market, risk aversion was best reflected by the flight to safety into the Japanese yen, and to a lesser extent, the Swiss franc, the report added.
Meanwhile, the Nikkei 225 index slumped -2.25 percent to close at 21,057.00.
