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Analysis-In Japan, rate rises herald a new era for financial markets

Barely weeks after Japanese stocks broke three-decade highs, the country's financial markets are hurtling toward another phenomenon not seen for the best part of a generation: rising interest rates. Bankers are attending remedial classes on what to do when rates move and trading rooms are setting up for moribund derivative markets to spring to life as they have begun to do. Their pricing implies a matter of months at the most before the last bastion of a decades-long monetary policy experiment with negative short-term rates falls. ....

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Dollar climbs to one-week high vs yen amid spike in Treasury yields

By Kevin Buckland TOKYO (Reuters) - The dollar climbed to a more than one-week high versus the yen on Wednesday, buoyed by higher Treasury yields amid hopes for a strong rebound in Chinese growth as ....

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