The latest Market Talks covering FX and Fixed Income. Published exclusively on Dow Jones Newswires throughout the day.
0532 GMT - U.S. Treasury yields rise slightly in Asian trade, driven by the short end of the curve. The current and elevated level of tensions between the U.S. and Iran, alongside uncertainty over passing through the Strait of Hormuz safely, could reignite inflation concerns. That said, oil prices are slightly lower, albeit still at high levels, with Brent oil at $84.45 per barrel, down 0.6%. "There is legitimate concern that talks between the U.S. and Iran aimed at a lasting resolution to the conflict will ultimately fail," analysts at Helaba say in a note. The two-year Treasury yield is up 1.9 basis points to 4.146%, while the 10-year yield is 1bp higher at 4.554%, according to Tradeweb. (emese.bartha@wsj.com)
0530 GMT - The Bank of Japan's latest survey signals that Japanese consumers' deep-rooted deflationary mindset has already been reversed. About 90% of respondents expect prices to rise further in the year ahead, the survey shows. The shift in consumer perception supports the central bank's pursuit of further interest-rate increases, as growing inflation expectations are expected to drive up the nation's underlying inflation. Amid persistent price pressures, the survey's diffusion index measuring livelihood conditions deteriorated, as the share of respondents who felt they were better off decreased while the proportion of those who felt worse off increased. (megumi.fujikawa@wsj.com)
0519 GMT - For the Federal Reserve, a cooler-than-expected PPI report is a welcome development, TruStage's Steve Rick says in a note. "It would suggest that inflation may be gradually moving closer to the Fed's goal and could reinforce expectations that policymakers can remain on hold rather than considering additional rate increases," the chief economist says. While the inflation fight isn't over, softer pricing data would be another step toward achieving a better balance between price stability and a healthy labor market, he says. (emese.bartha@wsj.com)
0516 GMT - U.S. producer price data for June, released Wednesday, could please the Federal Reserve, says Stephen Coltman, head of macro at 21shares, in a note. The PPI data confirm the weaker-than-expected inflation trend from the CPI, he says. "Barring an escalatory spiral in the Middle East, the Federal Reserve should be satisfied that current policy settings are sufficiently restrictive to get inflation gradually back towards the Committee's target," he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
July 16, 2026 01:32 ET (05:32 GMT)
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