Yen Rebounds, Inflation Cools Globally | Europe News

The yen staged a surprise rebound after hitting a 40-year low, fueled by whispers of Bank of Japan rate hikes and potential Tokyo intervention—though past moves haven’t halted its long-term slide. Meanwhile, UK inflation cooled unexpectedly, dimming chances of a second BoE rate hike this year. Global markets brace for a 20-year Treasury auction as yields climb, keeping the dollar strong and risk assets on edge. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/20a77cf329a55767