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CoinDesk

2022-12-20 07:19:12

Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise

Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise

The BOJ unexpectedly lifted the cap on the 10-year Japanese government bond yield to 0.5% from 0.25%, finally ending the prolonged period of near-zero yields.

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