According to sources, the Bank of Japan (BOJ) is planning to provide guidance on the pace of bond buying once it ends its Yield Curve Control (YCC) policy. This move comes as the BOJ aims to maintain stability in the bond market while transitioning away from the YCC framework.
The YCC policy, which was introduced in 2016, aimed to control interest rates by targeting a zero percent yield on 10-year government bonds. However, with the changing economic landscape, the BOJ is now considering adjusting its approach to bond purchases.