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Podcast: BFM :: General
Episode:

Japan Throws A Yield Curve Surprise

Category: Business
Duration: 00:13:03
Publish Date: 2022-12-20 23:00:24
Description:

The Bank of Japan caught markets off guard by tweaking its yield curve control policy. This allows the yield on the 10-year JGB to move 50 basis points either side of its 0% target. This caused the Yen to appreciate by 4% against the US Dollar. Song Seng Wun, Economist, at CIMB Private Banking tells us the implications of this.


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