Why bond yields are spooking equity markets
Rising international bond yields are spooking equity investors.
In Japan, bond yields are on the move after years of very low levels.
This week, yields on 30-year Japanese bonds peaked at 3.185% while 40-year notes hit 3.675%.
And in the world's biggest debt market, fears over America's fiscal position saw
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NBC News
an hour ago
- NBC News
Not everyone is a fan of Cubs pitcher Shota Imanaga's long hair
CHICAGO — Last year, Chicago Cubs pitcher Shota Imanaga wowed fans when he took the mound at Wrigley Field for Chicago's home opener before going on to have a stellar season — Imanaga's first in the majors. The pitcher, also known as the 'Throwing Philosopher,' went 15-3 for the Cubs in 2024, racking up 174 strikeouts to go along with a 2.91 ERA. The 31-year-old had previously played professionally in Japan from 2016 to 2023. In the States, Imanaga soon became a fan favorite not only for how well he pitched, but also for his charisma, sense of humor, and his long, flowing hair. Watch 'NBC Nightly News' tonight at 6:30 p.m. ET/5:30 p.m. CT. 'You're saying I have the best hair?' a laughing Imanaga told NBC News through a translator when asked about his free-flowing locks. 'My teammates, if I'm drying my hair, if I'm combing my hair, they compliment me, telling me I have beautiful hair,' Imanaga said. 'But my mom and my friends are like, it's probably time to cut your hair.' It's not only the hair that's helped Imanaga endear himself to the Wrigley faithful. During his rookie year, the pitcher decided on 'Chelsea Dagger' as his walk-up song, a tune more famously known in Chicago as the goal song for the NHL's Blackhawks, dating back well over a decade to the hockey team's heyday. 'When I first got to the Cubs, I think a lot of the fans were, 'Who is this pitcher?'' Imanaga said. 'And so for me, it was really important to get acclimated with the team, with the fans. What was important was to pick something that all the Chicago fans love.' Imanaga's countryman, outfielder Seiya Suzuki, employs a similar ethos when asked about his favorite ballpark food, saying he would have to go with hot dogs, 'especially' considering the team he plays for. Suzuki joined the Cubs in 2022 after a nine-year career in Japan, and he and Imanaga have since played key roles in helping turn around the team's fortunes. After back-to-back losing seasons, Chicago posted two winning records in each of the last two years. Suzuki and Imanaga have become global stars in the process and are part of a growing Japanese presence in Major League Baseball. In April, the Cubs opened the season in Tokyo against the Los Angeles Dodgers, who feature three Japanese-born players in Shohei Ohtani, Yoshinobu Yamamoto and Roki Sasaki. 'When I was younger, I watched baseball in the U.S., and I thought it was really cool,' Suzuki said. 'So if when I'm playing and the fans in Japan, even if it's one extra person gets to watch, and they want to come to the U.S. to enjoy baseball or something like that, I think that'd be great.' While both Suzuki and Imanaga have pushed the right buttons with their home fans, Chicago's current objective is to get Imanaga back on the mound. He hasn't started a game since May 4, when he left a start against the Brewers with a hamstring injury. The Cubs placed Imanaga, whose jersey is the team's most popular this season, on the 15-day injured list the next day. He's currently progressing toward a return in early June, ramping up his rehab with some bullpen work.
France 24
2 hours ago
- France 24
Red Bull's Tsunoda baffled after qualifying last in Spain
The Japanese driver had received support in his struggles from team boss Christian Horner on Friday, but on Saturday hit a new low that confirmed how challenging the car is for anyone other than the four-time world champion. Last season, Sergio Perez experienced a series of problems and poor results which led to his exit and this year began with Liam Lawson in the second car, but for only two races. Tsunoda was promoted from Red Bull's junior RB team but has struggled to shine and his best result is ninth in Bahrain. He was 17th in Monaco last Sunday. Apart from being outperformed comprehensively by Verstappen, the team's second drivers all appear to find the car very difficult to drive. In the first qualifying session Tsunoda was eliminated after lapping more than half a second slower than Verstappen. "It's pretty tough," he said. "Throughout the weekend, I tried to solve the issue as much as possible. I was mentioning from FP1 (first practice) that I had some strange issue and that it was just not gripping at all. He added that he had no feeling with the car. "So far what I feel is just the car is eating its tyres a lot and every lap, whatever I do, I have degradation," he added. Horner said: "We need to have a good look at it because I don't really understand it. Let's see if he's picked up some damage or something because it's unusual to be that far off." Tsunoda could be under pressure to keep his seat from RB rookie Isack Hadjar who has been in impressive form and finished sixth in Monaco.
Kyodo News
2 hours ago
- Kyodo News
Baseball: Ohtani homers twice, Dodgers win series opener vs. Yankees
KYODO NEWS - 11 hours ago - 16:18 | Sports, All Shohei Ohtani hit a pair of solo home runs as the Los Angeles Dodgers rallied to beat the New York Yankees 8-5 on Friday in the opening game of their 2024 World Series rematch series. After Aaron Judge hit his 19th homer of the season to give the Yankees a 1-0 lead in the top of the first inning, Ohtani answered with one of his own in the bottom half at Dodger Stadium. Five innings later, Ohtani launched his major league-leading 22nd home run over the head of right fielder Judge to spark the four-run sixth that turned a 5-2 deficit into a 6-5 lead. The reigning National League MVP had his second two-homer game of the season. Ohtani has hit 15 home runs in May. Asked to comment after the game on his and Judge's home runs in the first inning, Ohtani said through interpreter Will Ireton, "It was a really good start to the game. It was back and forth between two really good teams, and I'm glad that we came out at the top." Andy Pages singled in two insurance runs in the seventh. Ohtani finished the night 2-for-5 with the two RBIs. The Yankees hit four home runs in the first three innings but were held scoreless the rest of the way. "I feel like I have a pretty good rhythm with my new lifestyle," Ohtani said when asked if he has some "extra dad strength" after the birth of his first child, a daughter, last month. "But we're still really not even in the middle part of the season, so I'm just really focused on one game at a time." Among other Japanese players, Chicago Cubs designated hitter Seiya Suzuki went 1-for-4 to extend his hitting streak to a career-high-tying 10 games in a 6-2 loss to the Cincinnati Reds. Related coverage: Baseball: Shohei Ohtani hits MLB-leading 20th homer in Dodgers' win
