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Japan bond yields rise as US inflation fuels rate hike bets

Negative-19

GreyOak summary

Japanese government bond yields rose following a global selloff driven by hotter-than-expected US inflation data. This data strengthened expectations for further interest rate hikes by the Federal Reserve.

What it affects

  • US inflationNegative -19

    US inflation data came in higher than expected.Rolling sentiment Negative -44

Source

Read the original at Economic Times

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