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MNI: MNI INSIGHT: If Needed, Difficult For BOJ To....>

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MNI: MNI INSIGHT: If Needed, Difficult For BOJ To Widen JGB Target
It will be difficult for the Bank of Japan to widen the trading band range for
benchmark 10-year JGB yield, officials believe, unless the BOJ changes its
target rate from around 0%, MNI understands.
If in the future the economy slows, officials are concerned that the BOJ cannot
alter the trading band around the current target as it would interfere with its
own mechanisms for altering the policy rate.
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