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New Zealand Dollar gains on hawkish RBNZ policy outlook

NZD/USD gains ground after four days of losses, trading around 0.5870 during the early European hours on Friday. The pair appreciates as the New Zealand Dollar (NZD) receives support from traders continuing to price in a Reserve Bank of New Zealand (RBNZ) rate hike next month.

Short-term JGB yields jump to multi-decade highs on BOJ rate-hike bets

TOKYO: Japanese government bonds fell on Friday, sending shorter-term yields to historic highs, as expectations firmed around a Bank of Japan interest rate hike next month. Here are a few details: The two-year yield, the one most sensitive to BOJ policy rates, added 0.5 basis point (bp) to 1.650%, the highest since May 1995.

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