The End of Japan's Yield Curve Control

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The Bank of Japan shocked markets with a surprise change to its yield curve control.

The biggest shock being this is not a standard change to yield curve control where they say, hey, instead of interest rates being capped at half a percent, we'll let them go up to 1%.

In this case, it's a mash-up that leaves investors wondering what the Bank of Japan will do.

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TIMECODES
0:00 BOJ Shocked the Markets
0:46 What is QE?
5:36 What is YCC
8:12 Japan's Prior Policy
8:59 Japan's Move to QE
10:38 What This Means for US

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#BOJ #YCC #YieldControl