Traders currently price in just a 20 per cent chance of the BOJ hiking rates later on Thursday, with policymakers keeping markets guessing and market expectations shifting from December to January for the next hike.
But we would not be surprised if the BOJ delays the rate hike until January ...we expect it (BOJ) will lay the groundwork for a hike in early 2025.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.
BOJ Decision Looms The rising Treasury yields along with the looming policy decision from the Bank of Japan later in the day sent Japan's 10-year government bond yield surging.
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