Japan hikes interest rate to highest level since 1995
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Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.
The Bank of Japan on Friday raised its key policy rate to a 30-year-high of around 0.75 percent from 0.50 percent and left the door o
Bank of Japan ((BoJ)) voted unanimously to raise interest rates from 0.50% to 0.75% at its December meeting, this marks the highest interest rate in Japan since 1995, and aligning with market expectations.
Benchmark Japanese government bond yields topped 2% for the first time in more than a quarter-century, after the Bank of Japan raised interest rates again. + The last time 10-year yields settled abo
The 10-year JGB bond yield rose to 2.015%, breaking above the 2% level that had served as a symbolic ceiling during Japan's decades-long struggle with deflation.