Earlier in the day, the Bank of Japan said it will now target the shape of the yield curve, and will purchase Japanese government bonds, or JGBs, with the aim of keeping the 10-year JGB rate “more or less at the current level†of about 0%.
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Earlier in the day, the Bank of Japan said it will now target the shape of the yield curve, and will purchase Japanese government bonds, or JGBs, with the aim of keeping the 10-year JGB rate “more or less at the current level†of about 0%.