BOJ Language Hints at Future Yield Curve Adjustments, Says Nikko Asset
The Bank of Japan’s use of the term “flexible” to describe bond purchases suggests the central bank may allow government bonds targeted in its yield curve control program to trade beyond the 50 basis point band set last month, according to John Vail, chief global market strategist for Nikko Asset Management.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: BOJ Language Hints at Future Yield Curve Adjustments, Says Nikko Asset

### Response: The Bank of Japan’s use of the term “flexible” to describe bond purchases suggests the central bank may allow government bonds targeted in its yield curve control program to trade beyond the 50 basis point band set last month, according to John Vail, chief global market strategist for Nikko Asset Management.