Yen, Bonds and Gold Gain After North Korea Tests Bomb<br />SYDNEY — The Japanese yen, gold and sovereign bonds all rose on Monday as North Korea’s latest nuclear test provoked the usual<br />knee-jerk shift to safe havens, though equity losses were modest amid expectations the flare-up would prove fleeting.<br />"Unless this is the precursor to U. S. military action, which we doubt, then in a little over a day or two,<br />tensions will calm again, making this a good buying opportunity for investors with a strong enough nerve."<br />North Korea on Sunday conducted its sixth and most powerful nuclear test, which it said was of an advanced hydrogen bomb for a long-range<br />missile, prompting the threat of a "massive" military response from the United States if it or its allies were threatened.<br />Speaking outside the White House after meeting with President Donald Trump<br />and his national security team, U. S. Defense Secretary Jim Mattis said Trump asked to be briefed on all available military options.
