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No major risk-off after BoJ’s creative YCC flexibility tweak

No major risk-off after BoJ’s creative YCC flexibility tweak
Bank of Japan maintained its ultra-loose monetary policy but issued a lukewarm hawkish statement to introduce a “flexible” Yield Curve Control programme on the 10-year JGB yield. JPY strengthen but did not lead to a sell-off in other Asian benchmark stock indices. Nikkei 225 has managed to trim its intraday loss of -2.60% and ended […]... Read More
Posted: Jul 28 2023, 08:48
Author Name: marketpulse
Views: 080895

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