Yen Rises on BOJ Rate Hike as US-China Trade Talks Loom
The Japanese yen strengthened against the US dollar following the Bank of Japan’s decision to raise interest rates for the first time since July. This move pushed Japan’s two-year and five-year government bond yields to their highest levels since 2008, while 10-year JGB futures dropped as much as 34 ticks to 140.59. Investors are now […]
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