The Bank of Japan Governor Haruhiko Kuroda on Tuesday expanded its target range for 10-year yields to 50 basis points from 25 to add flexibility to the central bank’s monetary policy. However, this caused global stock markets to fall sharply.
The Bank of Japan Governor Haruhiko Kuroda on Tuesday expanded its target range for 10-year yields to 50 basis points from 25 to add flexibility to the central bank’s monetary policy. However, this caused global stock markets to fall sharply.