Yen and bond yields rise after BoJ governor hints at rate increase

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The yen strengthened against the dollar and bond yields rose on Monday after Bank of Japan governor Kazuo Ueda gave one of his clearest indications yet that the central bank might raise interest rates this month. The yen gained 0.4 per cent against the dollar to ¥155.5 and yields on rate-sensitive two-year Japanese government bonds rose 0.04 percentage points to 1 per cent, their highest level since 2008. Bond yields…