BOJ Tweaks YCC For "Greater Flexibility", Sending Bond Yields Soaring

Jul 28th 2023 12:14am EDT

BOJ Tweaks YCC For “Greater Flexibility”, Sending Bond Yields Soaring In a central bank decision that was a far more uncertain nailbiter than the Fed’s guaranteed 25bps hike, moments ago the BOJ revealed that in a unanimous vote it would keep rates at -0.1% and also keep the 10Y JGB yield target at 0%, but […]

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