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Bank of Japan ready to defend yield range

Bloomberg Bank of Japan (BOJ) officials are still prepared to stem any risk of Japan’s benchmark bond yield rising too much ahead of a policy review later this month and could even act before it hits 0.2%, according to people familiar with the matter. The central bank has no pre-set yield level in mind for entering the market as it ...

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Bank of Ireland set to close third of branches

Bloomberg Bank of Ireland group will cut its branch network by about a third as the pandemic drove customers online and further away from its offices. The lender will shut 88 of its 257 branches in Ireland and 15 of 28 outlets in Northern Ireland, it said in Dublin on Monday. Bank of Ireland shares rise as much as 4.4% ...

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Bank of England aligns with Fed over rout in bond market

Bloomberg In the showdown between traders and central bankers over rising bond yields, the Bank of England (BOE) is aligned more with the relaxed views of the US Federal Reserve than peers in Asia and Europe that are trying to rein in markets. Addressing the topic for the first time late last week, BOE policy makers echoed Fed officials in ...

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