Sources: BOJ Officials see yields close to the tipping point - Bloomberg

Dhwani Mehta FXStreet

Bloomberg cites people familiar with the matter, as saying that the Bank of Japan (BOJ) officials are reportedly wary of giving markets a specific lower limit.

Further Headlines:

Some see yields close to the tipping point.

Moves to below roughly -0.3% said likely to prompt consideration of action.

The USD/JPY pair reversed its gains and trades flat around 107.80 region, as Treasury yields turn south ahead of the US CPI release.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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