Economy · News reference
Shares of U.S.-listed Japanese banking companies are trading lower. The Bank of Japan raised its interest rate to a 31-year high to counter persistent inflation spurred by climbing energy prices and global supply constraints.
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Shares of U.S.-listed Japanese banking companies are trading higher after Japanese 10-year government bond yields rose to a 30-year high, raising expectations of additional interest rate hikes that would boost bank lending margins.
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