Attention stayed on expectations for additional Federal Reserve easing next year, as recent releases showed inflation pressures easing and early signs of cooling in the U.S. labor market.

Japan’s 10-year government bond yield climbed toward 2%, approaching levels last seen nearly two decades ago after the Bank of Japan raised interest rates. The BOJ lifted its policy rate by 25 basis points to 0.75%, the highest setting since 1995, reinforcing the shift away from ultra-loose policy.

In the U.S., the 10-year Treasury yield rebounded to around 4.14%, recovering from the prior session’s pullback. The move reflected renewed positioning as investors reassessed the Fed’s outlook following softer inflation data and signs of moderation in employment conditions.

Take a look at today's analysis and see how the markets are closing the week.