Japanese 10-year bond yields rise to highest level since 2007

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Yields on Japan’s benchmark government bonds rose to their highest level since 2007 as investors fretted over Prime Minister Sanae Takaichi’s spending plans and braced themselves for an interest rate increase. The 10-year yield on Thursday climbed 0.03 percentage points to 1.92 per cent, approaching levels at which analysts said domestic banks could begin fundamentally adjusting their bond-buying strategies. Yields move inversely to prices. The rise takes 10-year yields to…

Macron warns of ‘disintegration’ risk to world order in Xi meeting

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. <div data-o-component="o-expander" class="o-expander o-expander__info-box" data-o-expander-shrink-to="hidden" data-trackable="clip-info-box" data-o-expander-collapsed-toggle-text="Show video info” data-o-expander-expanded-toggle-text=”Hide video info“>Show video info France’s President Emmanuel Macron has warned of the risk of the “disintegration of the international order” as he met Xi Jinping in Beijing amid growing trade tensions between China and Europe. “We are facing the risk of the disintegration of the international order that brought peace to the world for decades. In this context, dialogue between…

Families ‘hope truth will come out’ when hunt for missing flight MH370 resumes

Malaysia’s announcement that the search for missing Malaysia Airlines flight 370 will resume was welcome news for Jiang Hui, whose mother was a passenger on the plane. “I hope the truth will come out soon, the wait has been such a torment for the families,” he wrote in a social media post sharing the news. Malaysia’s transport ministry made the announcement on Wednesday, more than a decade after the Boeing 777 carrying 227 passengers and 12 crew vanished en route from Kuala Lumpur to Beijing in one of aviation’s biggest…