As we previewed earlier, in today's BOJ announcement, the Japanese central bank may announce changes to its current monetary easing framework, including adjustments to the Yield Curve Control and overhauling ETF purchases, making this the most pivotal BoJ meeting since the implementation of yield curve control almost two years ago.... or it could be a total dud. As Goldman laid out, there are 6 distinct options facing the BOJ: 1. Raising short- and long-term (10-year) interest rate targets 2. Shortening the long-term interest rate target term 3. Widening the tolerable band from its 10-year yield target 4. Removing ... (full story)