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RBA doubles down in defense of yields amid bond rebound

Bloomberg The Reserve Bank of Australia (RBA) doubled down on bond purchases on Monday, spurring the biggest drop in yields in a year as policy makers around the world seek to check runaway bets on reflation. The central bank announced plans to buy more than $3 billion of longer-dated securities, following up on a surprise boost in purchases of shorter-maturity ...

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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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