A Trick or a Treat from Bank of Japan: Indirect Way of Scrapping YCC

<p><img width="479" height="359" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-jpy27.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/03/f-jpy27.jpg 479w, https://www.actionforex.com/wp-content/uploads/2018/03/f-jpy27-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2018/03/f-jpy27-265×198.jpg 265w" sizes="(max-width: 479px) 100vw, 479px" /></p>
<p>BoJ has subtly removed the 1% “hard-capped” upper limit of the 10-year JGB yield which suggests an imminent end to YCC may come sooner than expected. Upbeat revised inflation forecasts for FY 2023 to FY 2025 gave a boost to the Japanese stock market where the Nikkei 225 has managed to stage a rebound from […]</p>
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