Global Market: Tokyo Financial Exchange unveils futures to hedge BOJ rate volatility

· economictimes.indiatimes.com

Tokyo Financial Exchange will launch a futures contract linked to the Bank of Japans overnight call rate to help investors hedge rising interest-rate volatility. The move comes as markets anticipate further BOJ hikes, with the central banks policy rate at 1.25%. Growing demand for rate hedging reflects Japans shift away from ultra-loose monetary policy.

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