The Bank of Japan (BOJ) is expected to raise interest rates on Friday for the first time since January, pushing them to their highest level in 30 years and potentially leading to turmoil in debt markets.
Yields on Japanese government bonds have risen in recent weeks on worries about Prime Minister Sanae Takaichi's budget discipline, while the yen has weakened.
Higher BOJ interest rates make Japanese bonds more attractive
Continue Reading on Daily Sabah
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.