Free Trial

AUD/USD Back Sub 0.6900​​


(U2) More Stable But Still Fragile Longer Term


Biden To Speak With Xi In Next 10 Days


(U2) Edging Lower

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
     TOKYO (MNI) - The Bank of Japan moved on Tuesday to lower the scale of its
purchases of longer-end government bonds, such as those with a remaining life of
10 to 25 years, to curb lower yields.
     The scale of bond purchases was lowered to Y100 billion from Y120 billion
in a similar move on Oct. 30, but the scale of purchases of JGBs with a
remaining life of more than 25 years was left at Y30 billion.
     The decision was expected by some bond players, as BOJ Governor Haruhiko
Kuroda has said that the BOJ doesn't want to lower the super long-term interest
     He warned that lower rates will erode investment returns from longer-end
bonds issued by life insurance firms and pension funds, which in turn will
undermine consumer sentiment.
--MNI Tokyo Bureau; tel: +81 90-2175-0040; email:
--MNI Sydney Bureau; +61 405322399; email:
[TOPICS: MMJBJ$,M$A$$$,M$J$$$,M$$FI$,MN$FI$]

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.