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BoJ tweaks YCC to allow 10-yr yield to rise to 0.50%
BoJ surprises the markets today by widening the band of 10-year JGB yield from 0.25% to 0.50% today. At the same time, short term policy rate is kept unchanged at -0.10% as expected. Under the yield curve control framework, the central bank will still continue to purchases JGBs without an upper limit to keep 10-year […] The post BoJ tweaks YCC to allow 10-yr yield to rise to 0.50% appeared first on Action Forex...
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Posted: Dec 20 2022, 03:31
Author Name: actionforex
Views: 112056