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BOJ to tweak policy again to allow 10-year yields to exceed 1%

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asia.nikkei.com/Economy/Bank-of-Japan/BOJ-to-tweak-policy-again-to-allow-10-year-yields-to-exceed-1

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.

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