The Bank of Japan's decision last week to tweak its bond yield control policy was aimed at making its massive stimulus more sustainable, not a prelude to an exit from ultra-low interest rates, its deputy governor Shinichi Uchida said on Wednesday. Uchida also said there was still a long way to go before conditions fall in place for the BOJ to raise its short-term interest rate target from the current -0.1 per cent. The central bank last week stunned markets by modifying its yield curve control (YCC) to allow long-term interest rates to rise more freely in line with increasing inflation. With corporate price-setting ... (full story)