BOJ Has Mastered its Messaging, Says Natwest's Lin

The video discusses recent policy adjustments by Corona, focusing on the Blue Jays' strategy to manage market expectations through forward guidance. It examines market reactions, particularly in bond yields, and highlights the challenges in interpreting these policy changes. The impact on Japanese commercial banks is also explored, noting the reduction in negative rates and its implications.

What does the term 'Bluejay tightening' refer to in the context of the meeting?

In what way did the reduction in negative rates affect the market's interpretation?