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The IMF said the BOJ’s surprise decision on 10 year JGB bond yields is a sensible step

The IMF said the BOJ’s surprise decision on 10 year JGB bond yields is a sensible step

The International Monetary Fund weighed in on the Bank of Japan raising its cap on 10-year Japanese Government Bond (JGB) yields from 0.25% to 0.5% announced Tuesday.

IMF mission chief to Japan:

  • “With uncertainty around the inflation outlook, the Bank of Japan’s adjustment of yield curve control settings is a sensible step including given concerns about bond market functioning”
  • “Providing clearer communications on the conditions for adjusting the monetary policy fr... Read More
Posted: Dec 21 2022, 02:55
Author Name: forexlive
Views: 110825

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