Japan's central bank on Friday raised its short-term rates to a three-decade high, marching ahead with its policy normalization, and driving a sell-off in government bonds.
The Bank of Japan raised… [+3964 chars]
Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2% - CNBC
The hike comes against the backdrop of rising inflation and a weak Japanese economy.
By:Lim Hui Jie
Source:CNBC
Published:
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