BOJ's Yield Curve Control in Question Amidst Upbeat Wages and Analyst Predictions.
TL;DR
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.
- BOJ may end yield curve control by September: MUFG markets chief Nikkei Asia
- Bank of Japan's new chief didn't offer a 'tidbit' that moved markets, analyst says CNBC International TV
- Deutsche Bank analyst expects Bank of Japan Governor Ueda to end YCC in 2 weeks. Yen up. ForexLive
- Japan's upbeat wages may keep new BOJ chief on hook for policy tweak ZAWYA
- Japan, Germany and the challenge of excess savings Financial Times
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