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, Jiji Press reported, without saying where it got the information. 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, according to Jiji. The bank will decide on that and ending negative interest rates as soon as the next policy meeting concluding on March 19, the report said. Expectations are growing that the BOJ will raise interest rates for the first time since 2007 ... (full story)