(Bloomberg) -- The yen slumped the most against the
dollar since January as Bank of Japan Governor Toshihiko Fukui
said the central bank needed to be ``more confident'' about
price increases before raising rates.
Japan's currency reached an all-time low against the euro
as the yield advantage of 10-year German bunds and comparable
Japanese notes expanded to the widest in three years. Treasury
yields pulled back from five-year highs reached this week as a
government report showed core consumer inflation abated.
Read more at Bloomberg Currencies News
dollar since January as Bank of Japan Governor Toshihiko Fukui
said the central bank needed to be ``more confident'' about
price increases before raising rates.
Japan's currency reached an all-time low against the euro
as the yield advantage of 10-year German bunds and comparable
Japanese notes expanded to the widest in three years. Treasury
yields pulled back from five-year highs reached this week as a
government report showed core consumer inflation abated.
Read more at Bloomberg Currencies News
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