Nikkei Up 0.3%, Led by Financials
Japanese stocks rose in early trading, led by gains in financials as government bond yields rose. Mitsubishi UFJ Financial Group rose 1.7% and Tokio Marine Holdings gained 2.1%. The benchmark 5-year Japanese government bond yield rose 1 basis point to 1.060%, its highest since October 2008.
USD/JPY was at 151.57, compared with 151.70 at the close of trading on the Tokyo Stock Exchange on Monday. Investors were focused on any developments in U.S. trade policy. The Nikkei Stock Index was up 0.3% at 39,276.68.
Source: Bloomberg