How changes to yield curve control might affect JGBs

We think the Bank of Japan will widen the tolerance band around its 10-year Japanese Government Bond yield target, and that the yield will consequently rise by around 25bp. But there is a clear risk of a larger and more disorderly sell-off than that. Markets Drop-In (22nd June, 10:00 ET/15:00 BST): Join our Markets team for this special briefing on the outlook for equities, bonds and FX and a discussion about revisions to our forecasts. Register now

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