Coverage dated July 27, 2023

Bank of Japan loosens grip on long-term yields

Headline from UPI

The Bank of Japan on Friday loosened control of its yield curve control, which will allow long-term yields to jump above its 0.5% limit as the institution takes a step away from its low-interest rate rules.

UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

6 articles, oldest first.

UPI
Bank of Japan loosens grip on long-term yields (opens UPI)
Published Jul 27, 2023
UPI's feed description
The Bank of Japan on Friday loosened control of its yield curve control, which will allow long-term yields to jump above its 0.5% limit as the institution takes a step away from its low-interest rate rules.
NBC 5 Dallas-Fort Worth
The Bank of Japan just shocked markets with a policy tweak — here's why it matters (opens NBC 5 Dallas-Fort Worth)
Published Jul 27, 2023
NBC 5 Dallas-Fort Worth's feed description
The Bank of Japan loosened its yield curve control in an unexpected move with ramifications across global financial markets.
Digital Journal
Bank of Japan to allow 'greater flexibility' in controlling bond yields (opens Digital Journal)
Published Jul 27, 2023
Digital Journal's feed description
The Bank of Japan on Friday eased its grip on its ultra-loose monetary policy in a small step towards normalisation as inflation accelerates and the yen
Wall Street Journal
How the Bank of Japan’s Shift Could Play Out in U.S. Markets (opens Wall Street Journal)
Published Jul 27, 2023
Wall Street Journal's feed description
The Bank of Japan has signaled it would tolerate higher yields on longer-term Japanese government bonds—which could affect investors worldwide..

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.