New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
The Japanese government bonds gained at close on Tuesday, tracking a similar movement in the global peers, helped further by the Bank of Japan’s (BoJ) daily bond-buying operations, held earlier today.
At close, the yield on the benchmark 10-year JGB note, which moves inversely to its price, slipped 1-1/2 basis points to -0.135 percent, the yield on the long-term 30-year edged tad lower to 0.380 percent and the yield on short-term 2-year slumped 5 basis points to -0.185 percent.
Wall Street eked out modest gains overnight to close at fresh records, driven by a tech rally while Citigroup (the first major US bank to announce Q2 earnings) also reported better than expected profit, OCBC Treasury Research reported.
Further, UST bonds gained in light trading as buying interest emerged and the yield curve partly reversed its earlier steepening bias with the 10-year yield down to 2.09 percent. On the trade front, US Treasury Secretary Mnuchin hinted that he and Lighthizer may travel to China for trade talks in person if phone talks this week are productive, the report added.
Meanwhile, the Nikkei 225 index closed tad -0.69 percent lower at 21,535.25.
