Why are the rates for holding Yen going mores negative, while the BoJ is raising rates?

At least, I know Interactive Brokers is going deeper into the negatives as the BoJ is raising rates. Are any Japanese banks or brokerages increasing how negative their interest rates are as well? Why are rates for the Yen going deeper into the negatives as they BoJ is raising rates?

by zerophase

Leave a Reply
You May Also Like