Reuters
In a well-telegraphed move, the Bank of Japan delivered what investors had been waiting for - ending its negative interest rate policy after eight years. Not just that, the central bank abandoned yield curve control, a policy in place since 2016 that capped long-term interest rates around zero, and also said it would no long purchase risky assets such as exchange-traded funds (ETF) and Japanese real estate investment trusts. Japanese shares were volatile and then rose, while the yen slid to 150 per dollar.