“Nothing Short Of Unsustainable”: Futures Soar, Yen Tumbles After BOJ Maintains Yield Curve Control
January 17, 2023 at 22:06 PM EST
Ahead of today’s BOJ decision the market was on edge that one month after the December YCC “huge shock” when the central bank unexpectedly widened its Yield Curve Control band from +/-0.25% to +/-0.50%, in the process sparking a historic surge in the yen and explosion in bond market volatility, that outgoing BOJ governor Kuroda […] Source
