
Will the Bank of Japan blink again by April 2023?
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310Ṁ811resolved Apr 1
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The Bank of Japan just blinked as they increased the target of their yield curve control to 50bps. Same market, but with a longer time horizon.
If the Bank of Japan tight financial conditions again by April 2023, this market will solve to YES. (Tight means raising/ending YCC or raising rates)
I will bet.
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https://www.reuters.com/article/japan-bonds-boj-idUSL4N3631XE says "held off making changes to its controversial yield curve control (YCC) policy" - does that imply this'll resolve NO? I don't really speak finance
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