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USD/JPY jumps as BOJ announces no change to policy, yield curve control
To be honest, the policy decision today isn't all too surprising but after being caught off guard in December, there were some quarters of the market hoping for "something". That didn't materialise and we are seeing the Japanese yen get punished for it while bond yields are also sent falling across the board.10-year Japanese bond yields are down from around 0.49% earlier to just under 0.43% at the moment:USD/JPY has seen a jump after the initial whipsaw from around 133.50 to 134.90 at the moment...
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Posted: Apr 28 2023, 04:29
Author Name: forexlive
Views: 081918