BOJ may have crafted new tool for post-YCC era - analyst
A new monetary tool introduced by the Bank of Japan to keep long-term interest rates from rising could ultimately become a new policy target once the bank abandons its yield control, a former central bank official told Reuters.
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### Response: A new monetary tool introduced by the Bank of Japan to keep long-term interest rates from rising could ultimately become a new policy target once the bank abandons its yield control, a former central bank official told Reuters.