Bank of Japan

Bank of Japan, US Yields and the ¥YEN Crosses

Bank of Japan, US Yields and the ¥YEN Crosses

The Bank of Japan has finally stepped away from some components of its aggressive monetary policy which began in 2013. Since 2016, the BoJ has committed to keep the 10-year bond yields around zero. Here are the important takeaways from the March BoJ meeting. The BoJ will now finally allow the 10-year bond yield to oscillate in a larger range than previously, ±0.