Here's What Wall Street Is Saying About the BOJ's Introduction of Negative Interest Rates

January 29, 2016 12:11 PM

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"Lower For Longer" has turned into "Negative Now," following the Bank of Japan's surprise overnight decision to step up its years of monetary stimulus by adopting negative interest rates for some depositors.

The BoJ announcement spurred stocks and bonds around the world to rally, and sent the yen tumbling.

Also read: Draghi says euro remains vulnerable without banking union

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