Bank of Japan Decision Meeting: Unexpected Policy Overhaul, Dangerous Bet for Bank of Japan = Mr. Kobayashi, Mizuho Securities | Reuters
[Tokyo 20° Reuters]- In the past, a BOJ governor once said he would overhaul Yield Curve Control (YCC) by surprise. If many market participants sell off Japanese government bonds in anticipation of policy reviews, the demerit will be significant. This is because they lose to market urgings and get involved in central bank bonds, and … Read more