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10-year JGB yields still pushing the limit for now

10-year JGB yields still pushing the limit for now

Knock, knock. Is anyone still there at the BOJ office? 10-year JGB yields are rising up to 0.52% and pushing the boundaries of the upper limit set out via last month's policy tweak i.e. 0.50% currently. Be reminded that the central bank bought roughly ¥5 trillion of bonds on Friday - its largest daily operation on record - and also stepped in with another ¥1.3 trillion worth of purchases today.

Is the market pressur... Read More

Posted: Jan 16 2023, 11:00
Author Name: forexlive
Views: 102146

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