Japanese Government Bond yields surged to multi-decade highs as the Bank of Japan signaled growth optimism, with the 10-year yield climbing to 2.380% and the 40-year yield reaching 3.925%. The hawkish shift has triggered a significant bond market sell-off, with investors now anticipating interest rate hikes as early as April. Meanwhile, Apple announced a major US reshoring initiative, committing $400 million through 2030 to source sensors from TDK manufactured domestically. This partnership marks the first time TDK will produce tunnel magnetoresistance sensors for iPhone camera stabilization on American soil, reflecting Apple's broader strategy to mitigate geopolitical risks and strengthen domestic semiconductor capabilities.
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