US Air Force Strikes Iran, Japan 10-Year Bond Yield Surpasses 3%

As of September 2, the US Air Force has initiated airstrikes against Islamic Revolutionary Guard Corps bases within Iran, escalating the conflict. Reports indicate attacks on Iranian targets near the Strait of Hormuz. President Trump warned of a more severe response if Iran retaliates. Meanwhile, the yield on Japan's 10-year government bond has climbed above 3%.