The Bank of Japan raised its key policy rate to a 30-year high on Friday to help curb inflation, as widely expected, and financial markets took the move in stride.

The Bank of Japan raised interest rates on Friday to levels unseen in three decades, taking another landmark step in ending decades of huge monetary support and near-zero borrowing costs.

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