The Bank of Japan says it announced steps to increase its bond-buying, saying the yield curve was under strong upward pressure, which could push the 10-yr JGB yield above the upper limit.
Referring to this:
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BOJ says its buying more JGBs because upward pressure on yields threatened the upper limit
BOJ says its buying more JGBs because upward pressure on yields threatened the upper limit
- Thanks BOJ, we sorta figured that out, yeah
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