Yen Stalls at 159 as JGBs Hit 2.892% — Can Bulls Break 159.87 Before Jackson Hole?
Japan's core CPI at 1.8% remains below target for a sixth month while the policy gap with the Fed stands at 262 basis points | That's TradingNEWS
Itai Smidt
8/25/2026 4:03:51 PM
Key Points
- USD/JPY trades 159.30 after peaking at a 40-year high of 163.73 in late July.
- Markets price 82% odds of a September BoJ hike to 1.25% from 1.00%.
- Japan's 10-year JGB yields 2.892% against 4.663% on US Treasuries.
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