Bank of Japan Alters Yield Curve Control Policy
Posted on 12/20/2022
The Bank of Japan altered its yield curve control policy. The 10-year Japanese Government Bond yield will be allowed to stray plus-or-minus 50 basis points from its 0% target, compared to its previous 25 basis points threshold. The Bank of Japan says the policy change is intended to “improve market functioning and encourage a smoother…
