What does Japan’s biggest rate hike in 30 years mean for markets?

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Published Jun 16, 2026

The Bank of Japan delivers a widely expected 25-basis-point rate hike, its highest level since 1995, yet the yen fails to rally and traders keep piling on bearish bets. Plus, Nvidia taps the bond market for the first time in five years, and SpaceX shares keep surging after last week's blockbuster IPO.

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