Reuters
Japanese government bond (JGB) yields drifted higher on Friday at the conclusion of the country's fiscal year, while the yen's continued weakness drew fresh warnings of intervention from the finance minister. The yen continued to hover near 152 per dollar, a level that previously spurred yen-buying intervention to support it. The currency weakened as far as 151.875 on Thursday, sparking the sternest warning from Tokyo since the last intervention in October 2022, with Finance Minister Shunichi Suzuki threatening "decisive steps" to deal with excessive declines.