%Japan Government Bond 10Y
JP-10Y
▼ NegativeMonetaryrelevance
BoJ policy decision drove the yen lower, implying higher Japanese yields/rate expectations, pushing the 10Y JGB yield up (bond price down).
The Japanese Yen weakened against its major currency peers on Friday after the Bank of Japan's monetary policy announcement. In European trading, the USD/JPY pair rose 1.3% to trade near 158.00. The move followed the Bank of Japan's latest policy outcome, which drove the Yen lower across the board.
BoJ policy decision drove the yen lower, implying higher Japanese yields/rate expectations, pushing the 10Y JGB yield up (bond price down).