(Reuters) - But investors held back ahead of a Bank of Japan policy meeting on Thursday and Friday. The 10-year government bond yield was near a 10-month high and bond futures were near an 11-month low on lingering worries over a BOJ interest rate hike in coming months.
"Bond yields are rising and the global economy is picking up, which should be a good thing for the stock market," said Masaki Iso, head of Japanese equities at Yasuda Asset Management Co. Ltd.
Read more at Reuters.com Hot Stocks News
"Bond yields are rising and the global economy is picking up, which should be a good thing for the stock market," said Masaki Iso, head of Japanese equities at Yasuda Asset Management Co. Ltd.
Read more at Reuters.com Hot Stocks News
No comments:
Post a Comment