Bank of Japan makes surprise policy tweak

The Bank of Japan has slightly loosened the shackles on its 10-year yield target and said it will review the operation of its yield-curve control policy, surprising financial markets and sending the yen sharply higher.

Japanese investors dump overseas bonds in February

Japanese investors in February sold the most overseas debt in a month in nearly two years on concerns over monetary tightening by the world’s major central banks and an escalation in Russia-Ukraine conflict.

ECB on hold but may acknowledge inflation risks

The European Central Bank is all but certain to keep policy unchanged on Thursday but could acknowledge that inflation could stay high for longer than it had projected, a signal that some may take as a hint at a faster exit from stimulus.