Japan's 10-Year Government Bond Yield Hits 30-Year High on Prospect of Bank of Japan Interest Rate Hike
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5 Articles
(Tokyo=Yonhap News) Correspondent Lee Do-yeon = Amid expectations that the Bank of Japan will accelerate the hike on its base interest rate, the 10-year government bond yield, a benchmark for long-term interest rates in Japan,...
The Bank of Japan (BOJ) is expected to raise its benchmark interest rate by 0.25 percentage points at its policy meeting on September 18, bringing it to its highest level in three decades, amid a weakening yen and growing inflationary pressures.
NBC survey shows that 89% of economists expect high from 0.25 points from the Bank of Japan, to 1.25%, at the end of the meeting this Friday
It would raise its policy rate by 0.25 percentage points, at the highest for more than three decades.
BOJ Before Next Interest Rate Increase – Japan's Stock Market in the New Monetary Policy Environment
At its next meeting, the Bank of Japan is expected to raise the key rate by 25 basis points to 1.25 percent. As this step is largely expected, the decision itself is likely to have a limited impact on the market.
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