Markets
Encouraging investment in Japanese assets could spur further yen gains
Japanese Finance Minister Satsuki Katayama speaks at a news conference in Tokyo on July 10. © Kyodo
TOKYO — The yen strengthened and long-term yields fell here Friday, triggered by Japanese Finance Minister Satsuki Katayama’s comment suggesting the government would encourage more domestic investment by pension funds as well as her support for the Bank of Japan’s independence.