This ETF May Benefit From a BOJ Rate Hike
Yields on 10-year Japan government bonds touched a 30-year high last month. Now market participants are pondering the effects of those higher yields on stocks in the Land of the Rising Sun. That’s sure to direct attention to the Bank of Japan (BOJ) meeting later this month. The central bank could very well tighten borrowing costs at that meeting. That outcome wouldn’t necessarily be bad news for Japan stocks and ETFs such as the WisdomTree Japan Opportunities Fund (OPPJ A-). Some experts believe a rate hike could actually put a ceiling above 10-year yields.
Source: https://etfdb.com/model-portfolio-content-hub/oppj-benefit-boj-rate-hike/
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