Why Aren't More Central Banks Controlling Yield Curves?

Bloomberg Video

September 23 -- The Bank of Japan’s decision to explicitly control sovereign bond yields will probably cap interest rates, bolstering demand for corporate debt offering extra premiums, according to analysts. The BOJ added what it calls “yield curve control” to its stimulus mix on Wednesday and said it will seek to keep the yield on the 10-year government bond “around zero.” JPMorgan Global Market Strategist Nandini Ramakrishnan discusses this and the outlook for emerging markets with Bloomberg's Anna Edwards on "Countdown."

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