Funding & Business
Japan’s Long Bonds Drop as Ishiba Resignation Fuels Fiscal Risk
Long-maturity Japanese government bonds slumped Monday as Prime Minister Shigeru Ishiba’s decision to step down underscored expectations for looser fiscal policy.
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Trafigura Group’s recent investments in refineries and distribution assets have helped support its oil business, even as rivals saw their profitability slide, according to the trader’s head of oil, Ben Luckock.
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Singapore plans to unveil details of a “value unlock” package later this year, as the government takes further action to boost interest in its stock market.
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Julio Callegari of JPMorgan Asset Management says stocks and bonds can continue to rally “for a while” due to the “Goldilocks” environment. Callegari discusses the market outlook on Bloomberg Television. (Source: Bloomberg)
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