(Bloomberg) Investors have boosted bets for an interest-rate hike by the Bank of Japan by July following an unexpected reduction in its bond buying during a regular operation this week.Most Read from BloombergChina Considers Government Buying of Unsold Homes to Save Property MarketHow One of the World's Oldest Hedge Funds Went BankruptFlood of China Used Cooking Oil Spurs Call to Hike US LeviesOpenAI Chief Scientist Ilya Sutskever Is Leaving the CompanyBiden Accuses China of ‘Cheating’ on Tra
(Bloomberg) The Bank of Japan sent one of the strongest signals yet that the end is near for its negative interest rate policy — an event for which the market is underprepared.Most Read from BloombergHow Much Wealth You Need to Join the Richest 1% Around the WorldApple to Wind Down Electric Car Effort After Decadelong OdysseySupreme Court Immunity Case Jeopardizes Trump Trial Pre-ElectionThis Is Where New Migrants Are Going When They Reach the USFlawed Valuations Threaten $1.7 Trillion Privat
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A sharp strengthening of the yen served as a stark reminder to international investors that a major anchor for global borrowing costs may soon be dislodged.