Bank of Japan’s bold policy move sparks turmoil

While the BOJ maintained its policy on short-term interest rates, which have been in negative territory since 2016, the new change involves the central bank offering to purchase 10-year Japanese government bonds at a rate of 1% on each business day. ( read original story ...)

Bank of Japan loosens grip on long-term yields

The Bank of Japan on Friday loosened control of its yield curve control, which will allow long-term yields to jump above its 0.5% limit as the institution takes a step away from its low-interest rate rules. ( read original story ...)