Reuters reported exclusively that the Bank of Japan (BOJ) will discuss ways to scale back a controversial program that buys massive amounts of exchange traded funds without stoking market fears of a full-fledged retreat from ultra-loose policy. Reuters sources said the BOJ will also consider loosening its grip on yield curve control to allow super-long interest rates to rise more, as its dominance in the market keeps yields in an extremely tight range.
Business & Finance
Reuters exclusively reports Bank of Japan looks to ease ETF buying, yield curve control
18 January 2021, 2:52 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: FX & Fixed Income
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story