Japan markets see little chance of BOJ rate hike cycle ahead

2-year yield near zero points to 'lower for longer' outlook

20231221N BOJ/Fed

Few market watchers expect multiple rate hikes from the Bank of Japan next year, unlike from the U.S. Federal Reserve. (Nikkei montage/source photos by Yumiko Oshima, Reuters)

YASUHA MINAMI and AKIRA INUJIMA, Nikkei staff writers

TOKYO -- Japanese market data suggests that traders expect the Bank of Japan to end its negative interest rate policy soon, but do little if any tightening after that.

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