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BOJ's Kuroda: No plan to change target band for 10-year JGB yields

Started by forex4you, Feb 16, 2022, 02:05 pm

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BOJ's Kuroda: No plan to change target band for 10-year JGB yields

JGB buying by the BOJ is necessary to achieve 2% inflation targetHow much JGBs are purchased depends on market conditions at the timeThe fixed-rate purchases on Monday was made in light of such 'unusual' market situationDon't intend to steepen yield curve excessivelyBut yield curve needs to be steep

Source: BOJ's Kuroda: No plan to change target band for 10-year JGB yields

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