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Massive Losses Set Stage for Big Rebound in Japan’s Bank Stocks

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Interest Rates,Bank Of Japan,Topix Index

(Bloomberg) -- The outsized drop in bank shares during the recent rout in Japanese stocks has the potential to bring an off-the-scale recovery.Most Read from...

-- The outsized drop in bank shares during the recent rout in Japanese stocks has the potential to bring an off-the-scale recovery.Paris Spent €1.4 Billion to Clean Up the Seine. Has It Worked?

As if the message wasn’t clear enough, Ueda even went so far as to say he doesn’t see 0.5% as a particular barrier, prompting investors to brace for a series of further rate increases toward next year. The Topix bank index has a dividend yield of 3.93%, more than one percentage point above the broader Topix.

 

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