Equity benchmarks in Japan, China and Hong Kong shifted between losses and gains. Australian shares clung to a firm advance and futures contracts for European stocks climbed.
The central bank announced a surprise bond buying operation Wednesday as the yield on 10-year debt approached the new upper limit. Japan’s two-year government yield rose above zero for the first time since 2015. Treasury yields also rose slightly in Asia after jumping 10 basis points for the second consecutive session on Tuesday.
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