BOJ offers additional emergency bond buying operation

Market news

15 June 2022

BOJ offers additional emergency bond buying operation

Bank of Japan (BOJ) once again announced to offer an additional emergency bond-buying operation, in a desperate attempt to defend the yield target.

Key details

BOJ offers to buy unlimited amounts of 10-year JGBs at 0.25% on June 16 and 17.

BOJ to continue to conduct additional bond buying as needed taking into account market moves.

Market reaction

USD/JPY was last seen trading at 137.76, down 0.51% on the day, tracking the renewed downside in the US dollar across its major peers.

Currencies. Daily history for Wednesday, June 15, 2022

Commodities. Daily history for Tuesday, June 14, 2022

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