Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Japan Private-Sector Growth Slows as Domestic Demand Weakens 
Russian Envoy Dmitriev Heads to US for Ukraine Talks 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Add as a preferred source on Google
The Japanese government bonds remained flat during Asian session Wednesday as investors remained side-lined in a muted trading session amid lack of economically significant data. Investors will now be focussing on the country’s national consumer price inflation (CPI) data for the similar period, scheduled to be released today by for further direction in the debt market.
The yield on the benchmark 10-year JGB note, which moves inversely to its price, slipped remained tad higher at 0.101 percent, the yield on the long-term 30-year note hovered around 0.844 percent and the yield on short-term 2-year too remained steady at -0.140 percent by 05:15GMT.
According to a report from FxStreet, citing a HSBC preview, "The Bank of Japan's preferred measure of core inflation, which excludes fresh food and energy product prices, we expect to be unchanged at 0.4 percent y/y for the third consecutive month in October."
"This, in our view, reflects still benign growth in wages despite extremely tight labor market conditions. Meanwhile, headline inflation likely accelerated in October, led by higher energy prices reflecting global oil prices," the report added.
Meanwhile, the Nikkei 225 index slipped 0.45 to trade at 21,488.00 by 05:25GMT, while at 05:00GMT, the FxWirePro's Hourly JPY Strength Index remained neutral at 44.10 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
