The Bank of Japan maintained its key short-term interest rate at -0.1% and that for 10-year bond yields around 0% during its September meeting, inflation has been in the range of 2.5 to 3%, as the yen hit its weakest level in more than 20 years. The BoJ said that it would continue to buy unlimited amounts of bonds to defend an implicit 0.25% cap every market day, as it has been doing since April.
JP10Y - BoJ intervention
The board also decided to phase out a pandemic-relief loan scheme while expanding liquidity operation targeting a broader range of corporate funding needs
JP10Y - BoJ intervention
The board also decided to phase out a pandemic-relief loan scheme while expanding liquidity operation targeting a broader range of corporate funding needs
