Bank of Japan Removes Explicit Safety Net, Signaling a New Era. Japan 10-Year Swap Tops 1%. BOJ’s UEDABOJ’s UEDA In Shambles
The Japan 10y swap goes beyond the 1% ceiling, BOJ's UEDA in shambles pic.twitter.com/MDrgOWzNgg — Alessio (@AlessioTMAD) October 31, 2023 The BOJ's strategy seems to be as obscure as possible as it tiptoes away from yield curve control. What does …