Japan press – BOJ buys negative-yield bonds for first time, BOJ’s action could further weaken yen

Here’s whats in the papers in Tokyo this morning (amongst other things, of course … like McDonald’s Japan reports supersized decline in August … earlier story here McDonald’s US sales woes more a sign of changing marketplace than economic woes):

From the Nikkei … BOJ buys negative-yield bonds for first time:

• purchased government bonds with negative yields for the first time
• In a move to pour cash into the market
• Yield on newly issued three-month Japanese government bonds was a negative 0.004%
• BOJ’s latest move is not necessarily an additional monetary easing measure, but is seen as part of ongoing efforts to expand the supply of money and meet its inflation target

And more from the Nikkei here: BOJ’s action could further weaken yen