Asia-Pacific markets set to trade mixed after Wall Street ends losing streak – CNBC

Japan’s 2-year yield briefly tops zero for first time since 2015The yield on 2-year Japanese government bonds briefly rose above zero for the first time since 2015 in Wednesday morning trade. The note gained 2.7 basis points to stand just below the flatline.Japan’s 2-year yield rises above zero for the first time since 2015The yield on the 10-year JGB jumped more than 3 basis points to stand at 0.451%, also reaching 2015 highs, while the yield on the 30-year JGB inched up 2 basis points to trade at 1.6%.Yields move inversely to price, and a basis point is equal to 0.01%.— Jihye LeeBank stocks in Tokyo rise again as wider index falls– Jihye LeeJapanese yen at strongest in more than four monthsThe Japanese yen strengthened further overnight, after the Bank of Japan announced to widen its yield curve control band.The currency strengthened by more than 5% against the Australian dollar and the New Zealand dollar – while it strengthened past 3% against the U.S. dollar.The yen strengthened after the Bank of Japan announced to expand its yield curve control band– Jihye LeeCNBC Pro: Fund manager says a recession is ‘imminent’ — and names cheap stocks to play itMarket watchers are
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