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Fed hawkishness prompts HSBC to raise 10-year Treasury yield target

Fed hawkishness prompts HSBC to raise 10-year Treasury yield target
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MORNING BID ASIA-Japan rounds off tumultuous central bank week

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan on Friday rounds off one of the most intense weeks in recent memory for. -September 21, 2023 at 05:45 pm EDT - MarketScreener

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Marketmind: Japan Rounds off Tumultuous Central Bank Week

Marketmind: Japan Rounds off Tumultuous Central Bank Week
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ASIA Japan rounds off tumultuous central bank week

ASIA Japan rounds off tumultuous central bank week
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Marketmind: Japan rounds off tumultuous central bank week

The Bank of Japan on Friday rounds off one of the most intense weeks in recent memory for central bank policy decisions, with global markets still reverberating from the shockwaves that have followed the Federal Reserve's 'hawkish pause' on Wednesday. World stocks and risk assets tumbled for a second day on Thursday and U.S. bond yields soared to fresh multi-year highs, as investors adjusted to the Fed's revised rate outlook that hammered home its 'higher for longer' stance on interest rates. Further complicating the picture for investors, however, were the surprisingly dovish decisions from the Bank of England and Swiss National Bank.

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