9,347.17 TL BIST 100 BIST 100
31.06 $ USD USD
€33.62 EUR EUR
43.42 TL Interest Interest
83.25 $ Fossil Oil Fossil Oil
22.62 $ Silver Silver
3.88 $ Copper Copper
121.11 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,023.50 TL Gold (gr) Gold (gr)

Bank of Japan (BoJ) bond yields step was effective

The BOJ's widening of the limit on its bond rate targets created a "bomb" effect by affecting all asset prices, especially the bond markets around the world.

Bank of Japan (BoJ) bond yields step was effective

While the Asian stock markets followed a sales-heavy course excluding the Hong Kong stock market, the BOJ's widening of the bond rate targets affected all asset prices, especially the bond markets around the world.

BOJ did not change the policy rate.

While the BOJ kept the policy rate unchanged at minus 0.10 percent, it increased the range used by Japan for yield curve control in the 10-year bond yield by 25 basis points. After the decision, Japan's 10-year bond yields tested the level of 0.45 percent.

Analysts stated that the decision in question indicates that the bank may change its monetary policy stance after the pressure on prices.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Algioshy Steel Group expands with acquisition of Arabian Steel Industries in Egypt

Friday, February 23, 2024

Scrap and rebar prices decreased in Türkiye

Thursday, February 22, 2024

How was the steel market trend in Europe this week?

Thursday, February 22, 2024

Jindal Shadeed factory established a new subsidiary in Yemen called "Jindal Panther"

Thursday, February 22, 2024

Steady rebar prices prevail in Egypt amidst economic

Thursday, February 22, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now