JAPAN’S 10-year government bond yield reaches its highest since June 2009 at 1.5 per cent as German bunds suffered their worst sell-off since the months following the fall of the Berlin Wall. Read more at The Business Times.

Japan's annual wholesale inflation hit 4.0% in February, data showed on Wednesday, underscoring pressure from rising raw material costs that will keep alive market expectations of a near-term interest rate hike by the central bank.