Japan bond yields rise to 2.95% and yen weakens after Jackson Hole

MarketsBessent remarks temper yen selling ahead of G20 finance chiefs' meetingMarkets interpreted U.S. Federal Reserve Chair Kevin Warsh's Jackson Hole remarks on Aug. 28 as leaving the door open for further interest rate hikes. (Photo by Nanami Sato)JADA NAGUMOAugust 31, 2026 12:16 JSTTOKYO -- Yields on the benchmark Japanese government bond touched a 30-year high Monday, as the yen showed renewed signs of weakness following hawkish signals from the Fed.Read NextCurrenciesYen intervention leaves Japanese investors divided on foreign assetsTrading AsiaJapan's 'frozen money' pool shifts to investments as rates, inflation biteCurrenciesYen falls past 160 per dollar for first time since joint interventionBank of JapanBOJ deputy Himino drives home inflation risks, stops short of hike hintEcono