BOJ Seen Standing Pat on Policy This Week

Governor Corroder expresses concerns about sustainability in government bond markets, indicating a long-term commitment. The BOJ's strategy involves controlling the JGB yield curve, anchoring it at zero but allowing a range up to 0.2% to mitigate negative effects. Governor Carota highlights market functionality issues due to narrow price fluctuations. Reports suggest potential policy changes, including increasing the JGB range to 0.25% and tweaking the bond buying program to enhance trading activity.

What concerns did Governor Corroder express regarding government bond markets?

How is the yield curve control related to the Japanese government bond trading range?

What impact does the narrow price fluctuation have on the bond market?

What measures are being discussed by BOJ officials to improve market activity?

What is the significance of the upcoming meeting regarding the BOJ's monetary policy?