BOJ yields to negative interest rates
Takuji Okubo, Managing Director & Chief Economist, Japan Macro Advisors, Inc.
The Bank of Japan is a profit-making institution. That could change. Takuji Okubo, chief economist at Japan Macro Advisors, expects the BOJ to start making losses this fiscal year because the BOJ's own ultra-loose monetary policy has turned government bond yields negative.
Japan…