14 Dec 2016
Increase in super-long JGB buying is aimed at steering yield curve to what BoJ deems appropriate
A BOJ official is on the wires now, via Reuters, justifying the reason behind stepping up JGB purchases at the long-end of the curve.
Key Headlines:
Increase in super-long JGB buys took into account recent rapid rises in yields and possibility of further volatility
Increase in super-long JGB buying is aimed at steering yield curve to what BoJ deems appropriate