Tokyo stocks mixed in morning amid BOJ policy change speculation
Tokyo stocks were mixed Tuesday morning, as declines amid caution that the Bank of Japan could further raise its 10-year government bond yield cap were offset by buying of banking shares on the prospect of higher interest rates.
The 225-issue Nikkei Stock Average fell 47.52 points, or 0.15 percent, from Monday to 30,649.44. The broader Topix index was up 4.80 points, or 0.22 percent, at 2,236.04.
On the top-tier Prime Market, gainers were led by bank and insurance issues, while the main decliners were transportation equipment, and electric power and gas issues.
The yield on the benchmark 10-ye...