Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, with the markets reacting to the US Fed's decision to hold interest rates steady, while also ruling out a rate hike in the near future.
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Adding to the losses in the previous session, the Japanese market is notably lower on Thursday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 39,400 level, with losses in index heavyweights and technology stocks partially offset by gains in financial stocks.
Japan s 10-year government
bond yield hit a near four-week high on Wednesday amid caution
over the likelihood of another interest rate hike by the Bank of
Japan s . The 10-year JGB yield.