BoJ ready to tweak YCC? Markets moving
We now await the BoJ tonight and from ‘unnamed sources’ last week it didn’t seem they were yet ready to further widen yield curve control just yet. Well, this story just hit the tape, *BOJ TO DISCUSS YCC TWEAK TO ALLOW RATES OVER 0.5%: NIKKEI.
In response, the yen is rallying and the US 10 yr yield is rising to its high of the day at 3.99%. I’ll say for …
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