Bank of Japan Stays the Course
Investors had assumed that last month’s doubling of the daily cap on the 10-year Japanese government bond yield to 0.50% was not, as then claimed, a mere technical tweak of the policy of yield curve control meant to enhance market functionality but rather an initial start to exiting the policy altogether. This month’s BOJ policy […]
Investors had assumed that last month’s doubling of the daily cap on the 10-year Japanese government bond yield to 0.50% was not, as then claimed, a mere technical tweak of the policy of yield curve control meant to enhance market functionality but rather an initial start to exiting the policy altogether. This month’s BOJ policy […]
