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Japan's JGB 10 year yiedl hits 0.955%, highest since May 2013
It looks like the Bank of Japan's YCC ceiling on the 10-year yield will be raised to 1.5%:At least we know what the BOJ will do today: 10 year JGB yield to be permitted above +1%ICYMI: BOJ set to allow 10-yr Japanese government bond yields to rise above 1% ('sources')Bank of America expect the BOJ to allow the 10 year JGB yield ceiling to rise to 1.5%JGB sellers jumping in ahead of that taking the yield to 0.955%. The last time the BOJ expanded the ceiling they made the argument that doing so wo...
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Posted: Oct 31 2023, 00:10
Author Name: forexlive
Views: 112184
