BOJ CONSIDERS ENDING YIELD CONTROL TO FOCUS ON JGB BUYING SIZE — JIJI
According to Jiji Press, the Bank of Japan (BoJ) is considering ending its yield curve control programme and instead indicating in advance the amount of government bonds it plans to purchase.
According to Jiji Press, the Bank of Japan (BoJ) is considering ending its yield curve control programme and instead indicating in advance the amount of government bonds it plans to purchase.
Key quotes
“The Bank of Japan is considering scrapping its yield curve control program and instead indicating in advance the amount of government bonds it plans to purchase,”
“It will stop its program to guide benchmark 10-year government bond yields to around 0%, as part of its efforts to normalize monetary policy.”
“New framework would target the volume of purchases, rather than the yield.”
“The bank will decide on that and ending negative interest rates as soon as the next policy meeting concludes on March 19.
“The Bank of Japan is considering scrapping its yield curve control program and instead indicating in advance the amount of government bonds it plans to purchase,”
“It will stop its program to guide benchmark 10-year government bond yields to around 0%, as part of its efforts to normalize monetary policy.”
“New framework would target the volume of purchases, rather than the yield.”
“The bank will decide on that and ending negative interest rates as soon as the next policy meeting concludes on March 19.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.