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MNI BRIEF: BOJ Again Offers Unlimited JGB Ops At Fixed-Rate

TOKYO (MNI)

The Bank of Japan on Monday conducted a second unlimited bond buying operation at a fixed-rate as the 10-year bond yield rose to 0.250%, the upper end of the BOJ perceived target range, in early afternoon trade.

Earlier in the day, the BOJ conducted an unlimited bond buying operation at a fixed-rate for the first time since February 14 when the 10-year bond yield traded at 0.245%. Despite the operation, the 10-year bond yield rose to 0.250% in early afternoon trade, see: MNI BRIEF: BOJ Ready To Conduct Consecutive Days Of JGB Buying.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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