 BoJ surprises the markets today by widening the band of 10-year JGB yield from 0.25 to 0.50 today. At the same time, short term policy rate is kept unchanged at -0.10 as expected. Under the yield curve control framework, the central bank will still continue to purchases JGBs without an upper limit to keep 10-year ... The post BoJ tweaks YCC to allow 10-yr yield to rise to 0.50 appeared first on Action Forex... 