Bank of Japan Increases Provisions Amid Rising JGB Losses

TL;DR
The Bank of Japan has increased its provisions for losses on government bond transactions to 100% for fiscal 2024, signaling preparations for rising interest rates, which have supported the yen and impacted global markets.
The Bank of Japan has boosted its provisions for JGB losses - braced for higher rates Forexlive | Forex News, Technical Analysis & Trading ToolsView Full Coverage on Google News
Want the full story? Read the original reporting
Read on Forexlive | Forex News, Technical Analysis & Trading Tools