{
  "id": 117115,
  "title": "Morning Bid: Yen clings to gains but bond pressure builds",
  "url": "https://urgent.news/2026/08/04/morning-bid-yen-clings-to-gains-but-bond-pressure-builds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T04:36:27.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/morning-bid-yen-clings-gains-bond-pressure-builds-6296901"
  },
  "original_language": "en",
  "account": "The Japanese yen saw a brief drop on Tuesday, marking the first decline in five sessions after rare coordinated intervention between Tokyo and Washington. The currency was slightly weaker against the US dollar and the euro. This was the first time the US had intervened in Japan's foreign exchange market in 15 years. However, demand for 10-year Japanese bonds was weaker than expected, causing yields to rise. Elsewhere, global markets remained relatively quiet with few other catalysts. Asian stocks, including the MSCI Asia-Pacific index and the Nikkei 225, both fell by around 0.3 per cent. S&P 500 futures edged up slightly as investors kept an eye on strong corporate earnings reports. Oil prices saw a small rebound after dipping the previous day. In a separate matter, tech companies Meta, Anthropic, OpenAI, and Google have been summoned to discuss voluntary government safety testing for their advanced AI models.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}