TOKYO -- The Bank of Japan is set to consider a further adjustment to its yield curve control (YCC) framework at Tuesday's monetary policy meeting, potentially allowing 10-year Japanese government bond yields to rise above 1%, sources close to the matter told Nikkei.
The long-term interest rate is currently capped at 1%, with the central bank conducting unlimited fixed-rate…
This story from asia.nikkei.com was posted on 2023-10-30 by @globeam.