72FINANCE
⚡ Markets: A significant BoJ rate hike could trigger a major strengthening of the Japanese Yen (JPY) and an unwinding of the carry trade, where investors borrow in JPY to invest in higher-yielding assets. This could cause volatility across global bond and currency markets.USDJPYNikkei 225JGBs
Multiple reports indicate the Bank of Japan is preparing to raise its key policy interest rate to 1.25% at its meeting next week. This would be a significant move away from its long-standing ultra-loose monetary policy and would bring the rate to a level last seen in 1995.
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