Japan's Ministry of Finance will "front-load" the reduction in its supply of 20 year government bonds from January.

The MoF will trim back by 200bn yen of JGBs, citing a reduction in demand from investors with rising interest rates.

Info comes via a Reuters report citing unnamed sources.

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The yen-moving news today was from the BoJ:

Still to come is Ueda's news conference at 0630 GMT:

Bank of Japan Governor Ueda 19 December 2023

Bank of Japan Governor Ueda