• BoJ offers to buy unlimited amount of bonds on Tuesday

Noticias del mercado

17 enero 2023

BoJ offers to buy unlimited amount of bonds on Tuesday

The Bank of Japan (BoJ) announced on Tuesday that it bid to buy an unlimited amount of 5-10 year maturity Japanese government bonds (JGB).

Off late, it has been the BoJ’s regular daily operation to buy JGBs, in a persistent attempt to bring the yields down.

Markets are paying a little heed to the BoJ bond-buying ahead of Wednesday’s policy announcements, which is likely to be the main event risk of this week.

The USD/JPY pair is trading at 128.69, adding 0.13% on the day, at the time of writing.

Enfoque del mercado
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