BOJ Rate Hike to 1% Puts Japan’s Global Carry Trade Under Pressure

The Bank of Japan is approaching a rate decision that could reach far beyond domestic borrowing costs. Markets expect the central bank to raise its benchmark rate by 25 basis points to 1%, extending the gradual withdrawal from Japan’s long period of ultra-low rates. A chart shared by market commentator Batman shows the policy rate […] Read The Full Article BOJ Rate Hike to 1% Puts Japan’s Global Carry Trade Under Pressure On Coin Edition.