Stocks and bonds dip as central banks jack up rates to tame inflation - Reuters — SkimNews
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- Global stocks and bonds dipped as central banks raised interest rates to tame inflation.
- The Bank of Japan rate hike and falling oil prices lifted Asian shares, while European benchmarks slipped.
Why it matters: The Bank of Japan rate hike lifted Japanese equities while European stocks and global bonds sold off as other central banks tightened—showing investors now price each central bank's stance individually rather than treating the global tightening cycle as a single trade.
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