The yield on Japanese government bonds (JGBs) has risen sharply in recent weeks. Admittedly, yields have risen in other countries. But an additional factor has been concern that the new government is...

The recent rise in longer-term government bond yields primarily reflects expectations of higher inflation. These expectations are still relatively low and could climb a little further in the coming...

The news that the Reserve Bank of India has bought gold from the IMF has been interpreted as very bullish for gold prices and bearish for the dollar. Neither is necessarily true: holdings of US...