Central Banks YCC

Every Central Bank has their own particular YCC as 3M to 10 year yield rates. The difference from the BOJ is they purchase 10 year JGB’s at the 10 year or 3 month to maintain strict control of the 3M to 10 year range.

Treasuries = 4.63 to 5.45 or 82 point range.

USDJPY 0.816 to 1.92 = 1.10

GBPUSD = 5.354 – 6.297 = 0.943

AUDUSD = 5.33 – 5.717 = 0.387

USD/CAD 6.04 – 4.83 = 1.21

NZD/USD 6.38 to 6.64 = 0.26

Brian Twomey

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