The Nikkei in Japan is getting smashed.
Investors — after briefly pondering the Bank of Japan's decision to leave policy unchanged in April — are running for the exits.
Japan is catching up after a holiday Wednesday, but the falls in stocks are still pronounced. Bond yields are surging, with Japanese 10-year yields up 3.5 basis points, a 12% increase on the previous close on Tuesday.
The index is off 2.64% — 0.8% lower than where it was trading before the BoJ announcement.
The Japanese yen is also stronger by 0.4%, which is heaping pressure on listed exporters.
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