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Limited Market Reaction To Latest BoJ Speculation

BOJ

A very modest bid for the JPY and extension lower for JGB futures as RTRS cover headlines from JiJi suggesting that “the BoJ is set to consider measures to reduce its government bond purchases, without specifying a timeframe.”

  • The lack of timeframe for any related move and scant details are limiting factors for the markets.
  • We are still trying to find the full story.
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A very modest bid for the JPY and extension lower for JGB futures as RTRS cover headlines from JiJi suggesting that “the BoJ is set to consider measures to reduce its government bond purchases, without specifying a timeframe.”

  • The lack of timeframe for any related move and scant details are limiting factors for the markets.
  • We are still trying to find the full story.