BOJ dilemma: Stabilize bond market or stick to QE guns?

The Bank of Japan faces a dilemma: Should it take additional steps to stabilize turbulent financial markets or resolutely avoid a piecemeal approach to fulfilling its pledge to beat deflation with radical monetary easing? The BOJ disappointed the markets on Tuesday by deciding not to adopt new me…

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BOJ dilemma: Stabilize bond market or stick to QE guns?

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