Yesterday, global markets were shaken by the Bank of Japan’s decision to increase its yield curve cap. The central bank has permitted the yield on the 10-year Japanese government bond to swing 50 basis points either side of its 0 percent objective. Santosh Nair dissects what this move means and how this impacts the global trade set up. Also catch his views on JSPL and City Union Bank.
first published: Dec 21, 2022 08:57 am
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