Japan’s 10-Year Yield Hits 2%, Yen Holds Losses After BOJ Hike
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Japan’s 10-year government bond yield rose to a multi-decade high as investors reacted to the central bank’s interest rate hike while the yen remained slightly lower in choppy trading. Japanese stocks held gains.While Friday’s Bank of Japan decision was unanimously expected by economists, traders focused on the lack of clear guidance on the timing of future monetary tightening.