Japan's government bond (JGB) yields fell on Tuesday after the Bank of Japan ended eight years of negative interest rates and other remnants of its unorthodox stimulus, ushering in a new era of monetary policy for markets. The 10-year JGB yield reversed its rise earlier in the session, dropping 3 basis points (bps) to 0.725%, its lowest since March 7. The two-year JGB yield slipped 1 bp to a two-week low of 0.170%.
As many as 7500 Unilever jobs are to go after the consumer goods giant unveiled a restructuring alongside plans to spin-off its ice cream division. Other companies in the spotlight today include Wickes, Trustpilot, DFS Furniture and Close Brothers, which is dealing with the impact of a FCA review of motor loans. In a busy week for central bank decisions, Japan ended its negative interest rate policy following the first increase since 2007.
The historic move is the first time the country's central bank has raised interest rates for 17 years.
Thru | Total | Purse | ||
---|---|---|---|---|
F | -19 | $330,000 | ||
F | -15 | $208,128 | ||
F | -14 | $150,982 | ||
F | -13 | $95,907 | ||
F | -13 | $95,907 | ||
F | -13 | $95,907 | ||
F | -12 | $64,381 | ||
F | -11 | $56,405 | ||
F | -10 | $50,708 | ||
F | -9 | $44,440 |