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BoJ Tweaks YCC – Global Bond Market Takes a Hit

BoJ Tweaks YCC – Global Bond Market Takes a Hit
Bank of Japan (BoJ) surprised the market this morning by raising the upper band on its yield curve control (YCC) policy from 0.25% to 0.50%. Bond yields in Japan rose on the news with spillover to global bond markets and the Danish callable bond market. USD/JPY dropped to 132 on the move. We expect a […] The post BoJ Tweaks YCC – Global Bond Market Takes a Hit appeared first on Action Forex... Read More
Posted: Dec 20 2022, 11:03
Author Name: actionforex
Views: 102847

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