Ueda’s YCC Tweak Fuels Bets That End to Negative Rates Is Near

The Bank of Japan’s looser grip on benchmark 10-year yields is starting to shake up the outlook for short-term borrowing costs, with swaps traders betting that the central bank will end the world’s last negative interest rate policy in as little as eight months. #press

https://www.bloomberg.com/news/articles/2023-08-08/ueda-s-ycc-tweak-fuels-bets-that-end-to-negative-rates-is-near?utm_source=press.coop

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