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MNI BRIEF: BOJ Didn't Show Stance Of Curbing JGB Yields

TOKYO (MNI)

The Bank of Japan on Wednesday did not increase the scale of Japanese Government Bond (JGBs) purchases, reflecting that current yield levels near the upper end of its plus/minus 0.25% band did not warrant immediate action.

The BOJ at the 1010 JST regular operation time offered to buy the planned scales of JGBs. The 10-year bonds traded at 0.215%, up 1 basis point from Tuesday’s close, see: MNI BRIEF: BOJ Extra JGB Buying, Fixed-Rate Operations Eyed.

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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