Explainer: More central banks eye yield curve control. How does Japan's work?

TOKYO (Reuters) - The Bank of Japan's yield curve control (YCC) is drawing attention from other central banks, including the U.S. Federal Reserve, as a possible policy tool to help economies recover from the devastation caused by coronavirus pandemic.Fed officials, including New York Federal Reserve Bank President John Williams, have recently said YCC could be a tool to complement forward guidance.After cutting rates to historic lows, Australia's central bank set a target of around 0.25% for the..