Core Viewpoint - Japan's Finance Minister Kato Katsunobu agrees with the U.S. perspective that rapid foreign exchange fluctuations can harm the economy [1] - He also concurs with U.S. Treasury Secretary Yellen that exchange rates should be determined by the market [1] - The Japanese government will review the market and adjust bond issuance plans as necessary [1] Summary by Relevant Categories Economic Impact - Rapid foreign exchange fluctuations are viewed as detrimental to the economy by Japan's Finance Minister [1] Market Dynamics - The exchange rate is affirmed to be a market-determined factor, aligning with U.S. views [1] Government Actions - Japan will assess market conditions and may modify its bond issuance strategy accordingly [1]

Core Viewpoint - The European Union plans to issue up to €70 billion in euro-denominated bonds in the second half of 2025 [1] Group 1 - The issuance of bonds is part of the EU's strategy to finance various projects and initiatives [1] - The planned bond issuance reflects the EU's ongoing efforts to strengthen its financial position and support economic recovery [1] - This move is expected to have implications for the European bond market and investor sentiment [1]