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BOJ yields to negative interest rates

BOJ yields to negative interest rates

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Beacon Reports
Oct 23, 2016
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BOJ yields to negative interest rates
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Takuji Okubo, Managing Director & Chief Economist, Japan Macro Advisors, Inc.

The Bank of Japan is a profit-making institution. That could change. Takuji Okubo, chief economist at Japan Macro Advisors, expects the BOJ to start making losses this fiscal year because the BOJ's own ultra-loose monetary policy has turned government bond yields negative.

Japan…

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