BLOOMBERG Pressure from the US bond market may lead to modest yen weakness in the short-term, outweighing any positive impact from speculation of a Bank of Japan (BOJ) policy shift, according to Goldman Sachs Group Inc. If markets continue to price in resilient US growth and more interest-rate hikes than expected, there is scope for further “tactical yen underperformance,” wrote …

BLOOMBERG Traders are betting for the first time that the European Central Bank (ECB) will extend its rate-hiking cycle into 2024, leading to a selloff in German debt that took yields to the highest in more than 11 years. Swap-market pricing shows they briefly wagered the ECB will raise its deposit rate to as much as 3.9% in February 2024. …

BLOOMBERG Japan Post Holdings Co plans to sell 1.3 trillion yen ($9.5 billion) of shares in its banking unit, the latest step in the postal group’s privatisation. The former state-run mail and financial services giant is seeking to sell about 975 million shares in Japan Post Bank Co, a Ministry of Finance filing showed. The offer to domestic and international …