Yesterday the Bank of Japan flagged a big Japanese Government Bond buying spree
Bank of Japan in buying JGBs, yields are higher
And they've delivered, offering to buy up to 2.45tln yen of JGBs today:
- JPY625bn 1 to 3 years remaining until maturity
- JPY625bn 3 to 5 years remaining until maturity
- JPY800bn 5 to 10 years remaining until maturity
- JPY250bn 10 to 25 years remaining until maturity
- JPY150bn 25+ Year
Yields on these bonds are down a little, to varying extents, since the BOJ was in.
USD/ JPY not doing a real lot since its excursion briefly above 135.50 and then retrace back to the figure:
