BOJ Wants to Move Away From Yield Curve Control: Balls

The transcript discusses the Bank of Japan's (BOJ) potential actions regarding yield curve control and the market's speculation on these actions. It explores the implications of allowing yields to exceed the 50 basis point mark and the potential shift away from yield curve control. The discussion includes the impact on global markets, differing views within PIMCO, and the economic outlook for Japan. The speaker suggests that the BOJ may be moving towards ending yield curve control, aligning with global trends, and highlights the importance of timing in policy changes.

What are the potential risks associated with the BOJ's current policy approach according to the speaker?

What is the speaker's perspective on the significance of the end of yield curve control for global markets?

How does the speaker view the relationship between the BOJ's policies and global volatility?