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Global Market: Japanese bond yields climb to multi-decade highs amid inflation and fiscal concerns
Japanese government bond yields surged to multi-decade highs as investors grew concerned over persistent inflation, rising government spending and uncertainty over the future path of Bank of Japan monetary policy. The benchmark 20-year JGB yield climbed to its highest level since 1996, reflecting growing worries about Japan’s fiscal outlook and borrowing needs.
OLA Electric among 4 stocks showing bullish RSI upswing
Four stocks from the Nifty500 segment that gained over 4% featured in the RSI Trending Up scan on June 30 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.