Japan's 30-year government bond yield surged to a historic 4.235%, with market participants keenly anticipating Prime Minister Sanae Takaichi's upcoming address. Meanwhile, yields on shorter-maturity bonds dipped, reflecting adjustments in the financial landscape. Investors are wary that Takaichi’s spending agenda could exacerbate Japan's fiscal challenges. In the US, Treasury yields bounced back as a disappointing jobs report ignited fresh interest rate discussions, amidst ongoing inflationary fears.