Bank of Japan raises 20-year JGB yield cap by 25bps by end-2026

Market overview

The BoJ will increase its yield curve control cap for 20-year bonds to 1.25% from 1.00% as inflation remains sticky above target. This follows the recent spike to 1997 levels and signals further monetary tightening.

macro prediction market

Implied probability (Yes)

70%

Source: user-generated

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