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At least we know what the BOJ will do today: 10 year JGB yield to be permitted above +1%

At least we know what the BOJ will do today: 10 year JGB yield to be permitted above +1%
You can stop wondering what the Bank of Japan is up to. The Nikkei posted this overnight:BOJ to consider policy tweak to allow 10-year yields to exceed 1% -- reportThe Nikkei cited two unnamed sources. As background to this if the Nikkei writes a story like this then its as good as done. That's my 2 cents, could be famous last words but I don't think so. --Now that's out of the way, here's a background on the policy meeting. The Monetary Policy Board (MPB) is the main decision-making body for m... Read More
Posted: Oct 30 2023, 22:39
Author Name: forexlive
Views: 060848

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