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Japan s 10-year government bond yield came off its early high to trade lower on Thursday,
as investors were relieved by comments from Bank of Japan
Deputy Governor Shinichi Uchida. . -February 07, 2024 at 10:07 pm EST
- MarketScreener
Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said on Thursday, “we will like to maintain a stable, accommodative monetary environment.” Additional quotes What is more important is the future short-term rate path, which will be set at appropriate level so consumer inflation moves around BoJ's 2% target YCC and BoJ's bond buying management are intertwined When we end or tweak YCC, we will think about how we would communicate our bond buying operation Tweak to YCC would mean allowing yields to move