BOJ to Watch Yields Till Last Minute to Decide YCC Tweak, Sources Say

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Bank of Japan officials are likely to monitor bond yield movements until the last minute before making a decision on whether to adjust the yield curve control program at a policy meeting next week, according to people familiar with the matter.

Officials see the possibility of adjusting the ceiling for 10-year bond yields among other options in response to rising pressure stemming from a selloff in US Treasuries, according to the people.