Japan 10-year yields fall to two-week lows as BOJ hopes squandered once again

<p>The report <a href="https://www.forexlive.com/centralbank/boj-reportedly-erring-towards-leaving-policy-unchanged-next-week-20230721/" target="_blank" rel="follow">here</a> is at least keeping things interesting on the session, with the Japanese yen falling sharply as a result. The currency drop is a function of JGB yields, where we're seeing a considerable drop today as well. 10-year JGB yields are now down to 0.42% as traders throw in the towel on hopes of a policy tweak next week. <a href="https://www.forexlive.com/news/higher-japanese-yields-tees-up-potential-for-another-boj-disappointment-20230712/" target="_blank" rel="follow">Don't say you weren't warned</a>.</p>

This article was written by Justin Low at www.forexlive.com.