The yen tests 160 per dollar, prompting Japanese warnings. Strong US jobs data and Gulf tensions boost the dollar.
BOJ hawkish comments push yen away from 160 trigger level, but inflation and geopolitical risks keep intervention speculation alive.
Japan's 10-year government bond yield surged to its highest since 1997, driven by global inflation fears and rising oil prices.
Nikkei 225 drops 2% amid rising bond yields and inflation fears, echoing global sell-off. Original analysis on BOJ policy impact.
Japan's yen intervention provides temporary relief but analysts warn of further weakness amid US-Iran tensions and rate differentials.