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Bank of Japan Makes Adjustment to Yield Curve Control

Posted

July 28, 2023

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The Bank of Japan has announced an adjustment to its yield-curve control program. The central bank kept the target for 10-year bond yields at around 0% but said its 0.5% ceiling on yield movements was a reference point not a rigid limit. The BOJ also said it will aim to control yields flexibly and will buy 10-year bonds at 1% every business day. Kathleen Hays reports on Bloomberg Television.

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Bank of Japan Makes Adjustment to Yield Curve Control · Bloomberg Television · Sentinel