Bank of Japan adjusts yield curve control policy, signals gradual normalisation: Swiss Re
Reinsurance News - Nov 07, 2023
The Bank of Japan (BOJ) has taken a significant step towards normalising its monetary policy by rephrasing the 1% upper bound on 10-year Japanese government bond yields as a “reference” rather than a rigid cap, according to a Swiss Re Institute report. This move effectively removes the c...
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