Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2% - CNBC
AI Summary1 min read
TL;DR
The Bank of Japan has increased its benchmark interest rates to the highest level in 30 years, pushing the 10-year Japanese government bond yield above 2%. This move signals potential further rate hikes and impacts global markets, including Asian shares and bonds.
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Bank of Japaninterest ratesJGB yieldmonetary policyglobal markets
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