Sentences with phrase «yield curve control policy»

Japan's 10 - year yield was capped at 0.10 % as the Bank of Japan intervened to maintain its yield curve control policy.

Not exact matches

He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchases.

This is only the third time the bank has used this tool since it adopted a «yield - curve - control» policy in September 2016, targeting a 10 - year yield of around zero.

As for specifics on what the BOJ had to say, well, the BOJ maintained its current monetary policy, including its so - called QQE with yield curve control framework that targets the bond yields of 10 - year Japanese government bonds.