WS #14238
Japan's Q2 GDP grew only 1.1% annualized vs 2.0% expected, with consumption contracting for the first time in 8 quarters, yet 10-year JGB yields hit a 30-year high on BOJ hike bets.
Japan Q2 GDP miss and BOJ tightening expectations
Japan's Q2 GDP grew only 1.1% annualized vs 2.0% expected, with consumption contracting for the first time in 8 quarters, yet 10-year JGB yields hit a 30-year high on BOJ hike bets.