Por: RTTNews Business October 31, 2023
The Bank of Japan decided to bring more flexibility to its yield curve control policy and left its short-term interest rates unchanged on Tuesday. The policy board led by Governor Kazuo Ueda, decided to regard the upper bound of 1.0 percent for 10-year JGB yields as a reference in its market operations. The bank dropped the wording that the 10-year JGB yields will fluctuate between plus and minus 0.5 percentage points from the target level. The... + full article
RTTNews USA Business October 31, 2023
The Bank of Japan decided to bring more flexibility to its yield curve control policy as strictly capping the long-term yields entail large side effects and the central bank retained its negative interest rate. The BoJ policy board, led by Governor Kazuo Ueda, decided to regard... + más
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The Bank of Japan expanded its 10-year Japanese government bond yield target band on Tuesday, surprising market participants, pushing the yen sharply higher, and led to a fall in government bonds. At the policy meeting of the BoJ, board members unanimously decided to maintain a... + más
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