In Defiance of its Peers, Bank of Japan Offers to Buy Unlimited 10-Year Bonds

Posted on 04/21/2022

The Bank of Japan (BOJ) plans to continue its ultra loose monetary policy with four days of unscheduled bond buying. The U.S. dollar hit a 20-year high against the Japanese yen as the BOJ decided to buy an unlimited amount of 10-year Japanese government bonds (JGB) at 0.25%, in its third move to defend its…

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