BOJ will extend 5-year loans to financial institutions, effort to contain elevated yields

<p>A Bank of Japan statement, announces it'll provide loans against collateral to banks</p><ul><li>BOJ will extend five-year loans against collateral to
financial institutions, in a effort to contain elevated yields</li><li> The BOJ will conduct the funds-supply operation next Tuesday</li></ul><p>JGB yields have been steadily rising, a threat to the Bank's YCC policy. </p><p>Bank of Japan Governor Ueda</p>

This article was written by Eamonn Sheridan at www.forexlive.com.