Yield Curve Control

Recently, the Bank of Japan has stuck to its policy of yield curve control which is triggering another decline in the country's currency.

Yield Curve

  • A yield curve is a line that plots yields (interest rates) of bonds having equal credit quality but differing maturity dates. The slope of the yield curve gives an idea of future interest rate changes and economic activity.
  • There are three main shapes of yield curve shapes: normal (upward sloping curve), inverted (downward sloping curve), and flat.

About Yield Curve Control (YCC)

  • It involves targeting a longer-term interest rate by a central bank, then buying or ....
Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here


Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.

Related Content