BOJ allows yields to rise more in surprise tweak to policy By Reuters

BOJ allows yields to rise more in surprise tweak to policy By Reuters

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TOKYO (Reuters) -The Bank of Japan decided on Tuesday to allow long-term interest rates to rise more by widening the band around its yield cap, in a surprise move to address the rising cost of prolonged monetary easing. But the central bank kept its yield target unchanged and said it will sharply…

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