BoJ Governor Contender Ito: BoJ could widen band around its 10-year yield target by mid-year
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Takatoshi Ito, a contender to succeed Bank of Japan (BoJ) Governor Haruhiko Kuroda, said on Thursday that “the BoJ’s next step may be to widen band around its 10-year yield target,” adding that the central bank could raise yield cap to 0.75% or 1.0% by mid-year.”
At the time of writing, USD/JPY is sustaining its rebound near 128.60, still down 0.20% on the day.
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