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Policy● Neutral for Indian equities
Global Market: BOJ policymakers see case for faster rate hikes as inflation risks mount
The brief
- BOJ policymakers see a case for faster rate hikes as inflation risks mount
- Faster Japanese rate hikes could shift global flows affecting Indian equities and bond yields
- Yen gains after Japan’s finance minister signals readiness for bold action
- Japan’s falling bond prices stall repatriation rush
- Trump raises yen weakness with Japan’s Takaichi as currency nears 160 per dollar
- Nikkei, TOPIX up over 1% as Japanese indices lead Asian markets despite Wall Street bond rout
- Japan 10-year yield climbs to 1996 high as global rout deepens