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BOJ to consider policy tweak to allow 10-year yields to exceed 1% -- report

USD/JPY is falling on a Nikkei report.The Bank of Japan is set to consider a further adjustment to its yield curve control (YCC) framework at Tuesday's monetary policy meeting, potentially allowing 10-year Japanese government bond yields to rise above 1%, sources close to the matter told Nikkei.The headline in the story says "BOJ to tweak policy again to allow 10-year yields to exceed 1%" but the text only says they will 'consider it'. There is no talk of what ceiling, if any, could replace t... Read More

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Posted: Oct 30 2023, 14:03

Author Name: forexlive

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