---
title: "BREAKING: The yen falls near 150 after the Bank of Japan makes only modest tweaks to its yield control program, defying market expectations"
description: "Japan’s centralbank decided to make its yield curve control (YCC) policy more flexible, shifting the language used to describe the upper bound of the 10-year Japanese government bond yield. The BoJ said it will patiently continue monetary easing under YCC to support economic activities.\nBOJ makes the decisions on YCC by an 8-1 vote. The decision is sending the $USDJPY back to above 150."
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [BREAKING: The yen falls near 150 after the Bank of Japan makes only modest tweaks to its yield control program, defying market expectations](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-dd1adfde)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Oct 31, 2023, 10:51:03 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-dd1adfde)

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