BoJ Governor Contender Ito: BoJ could widen band around its 10-year yield target by mid-year

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BoJ Governor Contender Ito: BoJ could widen band around its 10-year yield target by mid-year
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BoJ Governor Contender Ito: BoJ could widen band around its 10-year yield target by mid-year BOJ CentralBanks USDJPY YieldCurve

, said on Thursday that “the BoJ's next step may be to widen band around its 10-year yield target,” adding that the central bank could raise yield cap to 0.75% or 1.0% by mid-year.”BoJ may abandon negative rates this year depending on inflation, wage developments.

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