Japan’s bonds and yen under pressure after Warsh’s Jackson Hole speech

Japan's currency and bond markets are feeling the heat after a speech by a top U.S. financial regulator at Jackson Hole, which led to a sharp weakening of the yen and a surge in bond yields to their highest levels in three decades. Investors are now betting heavily on tighter monetary policies, causing the yen to drop past ¥160 per dollar. This shift in market sentiment highlights growing concerns about Japan’s economic outlook amid global monetary trends.