Did The Bank Of Japan Forget Their 0% Pledge?

December 13, 2016   |   December 2016 Bond Updates
On September 21st the Bank of Japan (BOJ) pledged to hold the 10 year Japanese Government Bond (JGB) to below 0%. That announcement was met with excitement by global markets as reported in the WSJ hereas just one example. Rather than buying a preset amount of Japanese Government Bonds each month [...]

View more at: http://www.forbes.com/sites/petertchir/2016/12/12/did-the-bank-of-japan-forget-their-0-pledge/
 
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