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Bank of Japan faces battle to cap bond yields
Market participants are urging the central bank to allow greater volatility
Published Mon, Jul 10, 2017 · 09:50 PM
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Tokyo
WHILE the Bank of Japan (BOJ) faced down the market on Friday with its offer to buy an unlimited amount of bonds, the battle over yield control may have only just begun.
The swift action allowed the BOJ to quickly as…
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