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Business & Economics

Japan braces for BOJ to lift rates sooner and higher

Reuters
Summary
Nutrition label

78% Informative

Bank of Japan and sticky inflation are lifting bond yields to multi-year highs and pushing forward rate hike expectations.

Mitsubishi UFJ Morgan Stanley Securities said on Monday it now expects the BOJ to raise interest rates to 0.75% in July .

The benchmark 10-year yield rose 2.5 basis points to 1.375% on Monday , hitting the highest level since 2010 .

VR Score

91

Informative language

98

Neutral language

35

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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