JPMorgan BetaBuilders Japan ETF Price & Performance (BBJP)

Japan's 10-year government bond yield reached 1.575%, the highest since 2008, driven by the fastest wage growth in over three decades. This development boosts expectations for further interest rate hikes by the Bank of Japan, as inflation and wage data signal potential policy changes in the coming months.1

US Bancorp DE reduced its stake in the JPMorgan BetaBuilders Japan ETF by 6.1% in Q4 2024, while other investors like Harel Insurance Investments increased their positions. The ETF, which tracks Japanese large- and mid-cap equities, has shown strong performance with a 1-year high of $60.65.2

Asian markets displayed varied performances, with Japan's Nikkei 225 slipping 0.32% and China's Shanghai Composite gaining 0.41%. Meanwhile, gold prices surged due to safe-haven demand, reflecting investor caution amid global uncertainties and geopolitical developments.3