Bank of Japan Needs Strong Measures to Prop Up Yen: Strategists (opens original article in a new tab)

Strategists expect the yen and government bonds to remain under pressure as the Bank of Japan raises rates and continues its quantitative tightening policy.

• Bank of Japan raised its benchmark interest rate by 0.25 percentage points to 1%.
• Strategists expect continued pressure on the yen and government bonds despite the rate hike.
• The BOJ's quantitative tightening policy is expected to reduce its holdings of long-term government bonds by ¥42 trillion by 2027.