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Currency weakens past ¥160 per dollar as yields hit three-decade high

  • The currency weakened beyond ¥160 per dollar as yields climbed.
  • Yields reached their highest level in three decades.
  • Investors increased their bets on monetary tightening.

The currency weakened past ¥160 per dollar while yields climbed to their highest level in three decades. The moves came as investors raised their bets on monetary tightening, which typically supports higher borrowing costs and can influence currency markets.

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Currency weakens past ¥160 per dollar as yields hit three-decade high - CoinPost Terminal