Monetary Policy & Inflation | Rates | US
Rates Weekly: Don’t Rule Out Another BoJ YCC Adjustment
- By Bilal Hafeez
- 2 min read
Markets had been looking for the BoJ to adjust its yield curve control policy since April 2022, but the exact timing of the 20 December move was a surprise (Chart 1). Now, Japanese swap markets at least think there are further adjustments to come.
Markets had been looking for the BoJ to adjust its yield curve control policy since April 2022, but the exact timing of the 20 December move was a surprise (Chart 1). Now, Japanese swap markets at least think there are further adjustments to come.
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