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Essentials Daily Insights

JGBs As A Duration Management Tool In Global Bond Portfolios (Part 2)

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The Yield Curve Control (YCC) strategy is the only real remaining arrow in the BoJ’s quiver. Via YCC, the BoJ targets a 10-year JGB yield close to 0% and manages purchases to sustain the yield target. In our view, any upward adjustment of that yield target…

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