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Published 2 years ago

Targeting shorter yield among options for ultra-easy policy exit - BOJ's Kuroda

Summary by Ground News
The Bank of Japan could consider targeting a shorter maturity than the current 10-year bond yield. At this stage, however, it was premature to raise the BOJ’s interest rate targets. Under a policy dubbed yield curve control (YCC), the Bank guides short-term rates at -0.1% and the 10- year bond yield around 0%.

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