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Bank Of Japan’s Softer Rate Guidance Rattles US Markets

The post Bank Of Japan’s Softer Rate Guidance Rattles US Markets appeared first on Coinpedia Fintech News

The Bank of Japan raised interest rates by 25 basis points but stopped short of signaling further hikes, a shift in tone that surprised markets expecting continued hawkishness across global central banks. According to market strategist Gareth Soloway, the softer guidance spooked the US bond market, pushing the 10-year Treasury yield back up to 4.984% …

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