Japan gov’t bond breaches yield cap, BOJ steps in with buying, loans

TOKYO¬† -Japan’s 10-year government bond yield on Wednesday breached the top end of the Bank of Japan’s policy band for a second straight session, prompting the central bank to step into the market with emergency bond buying and offering of loans. Investors have renewed their attack on the BOJ’s ultra-loose interest rate stance, expecting the … Continue reading Japan gov’t bond breaches yield cap, BOJ steps in with buying, loans