BOJ's Yield Curve Control in Question Amidst Upbeat Wages and Analyst Predictions.
TL;DR Summary
The Bank of Japan may end its targeting of long-term interest rates by the end of September if conditions are favorable, according to an executive at MUFG. The central bank's yield curve control aims to fix yields on 10-year Japanese government bonds around zero, allowing moves of up to 50 basis points above or below that level. The BOJ could also lift its negative interest rate policy next fiscal year.
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- Japan, Germany and the challenge of excess savings Financial Times
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