“The Bank of Japan is considering scrapping its yield curve control program and instead indicating in advance the amount of government bonds it plans to purchase,”

“It will stop its program to guide benchmark 10-year government bond yields to around 0%, as part of its efforts to normalize monetary policy.”

“New framework would target the volume of purchases, rather than the yield.”

“The bank will decide on that and ending negative interest rates as soon as the next policy meeting concludes on March 19.”