If the Bank of Japan tried to do something meaningful with its tweak to the yield curve control (YCC) strategy yesterday it looks as if it might have failed – and that’s...
Longer-term government bond yields have been rising in developed countries, notably the US, and that’s despite falling inflation and expectations that central banks are...
The key question now is what happens when, and if, the Bank of Japan reverses policy and so makes the yen a less attractive currency for the carry trade.
The Bank of Japan could tweak its yield curve control (YCC) policy at the July meeting in a similar way to its decision last December.
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