Citi says 10-year JGB yield around 3% fits BOJ terminal cap
Citi Research strategist Tomohisa Fujiki says a 3% 10-year JGB yield is reasonable if Japan’s inflation settles near 2% and the BOJ terminal policy rate is capped at 2%.
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Citi Research strategist Tomohisa Fujiki says a 3% 10-year JGB yield is reasonable if Japan’s inflation settles near 2% and the BOJ terminal policy rate is capped at 2%.