Growing expectations for faster BOJ rate hikes push up bond yields

Summary of policy meeting opinions signals possibly faster rate hikes While expectations for an early Bank of Japan rate hike have strengthened, downward pressure on the yen remains strong. (Photo by Nanami Sato) TOKYO — Japanese government bond yields got a boost higher on Monday as investors grew increasingly mindful of the possibility that the Bank of Japan could raise interest rates at a faster pace than previously expected following the release of its last policy meeting summary.

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