商业快报

Weak yen and soaring yields put pressure on Bank of Japan

Two-day policy meeting could end with changes to trading band for government bonds

Expectations are rising that Japan’s central bank will relax its grip on the bond market this week as the yen tests a 33-year low and government bond yields touch the highest levels in a decade.

But investors’ bigger focus may be whether Bank of Japan governor Kazuo Ueda will offer crucial signals on inflationary trends that could pave the way for Japan to end the world’s last negative interest rates.

The yield on the bench