The pendulum seems to have swung back against the Bank of Japan making any changes to its yield target next week or indeed any major changes at all. That is most likely because the Bank doesn’t want to risk triggering an adverse market reaction when the economic recovery from the pandemic is still ongoing. The idea is likely to return when the economy looks more secure.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.