BOJ says its buying more JGBs because upward pressure on yields threatened the upper limitThe 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:BOJ says it'll increase its offer to buy JGBs today
Source: BOJ says its buying more JGBs because upward pressure on yields threatened the upper limit (https://www.forexlive.com/centralbank/boj-says-its-buying-more-jgbs-because-upward-pressure-on-yields-threatened-the-upper-limit-20220330/)
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