Bank of Japan bids to buy 5-10yr to maturity JGBs, unlimited amount

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Bank of Japan bids to buy 5-10yr to maturity JGBs, unlimited amount

<p>The Bank of Japan is buying Japanese Government Bonds as part of its attempt to hold yields down, yield curve control. </p><p>USD/JPY has a small pop:</p><p>-</p><p>Coming up tomorrow is the BOJ policy statement:</p><p>Previews:</p><ul class="text-align-start vertical-align-baseline"><li><a href="https://www.forexlive.com/centralbank/ahead-of-its-monetary-policy-meeting-beginning-on-tuesday-the-boj-to-buy-jgbs-today-20230115/" rel="follow" target="_self" class="article-link vertical-align-baseline">Ahead of its monetary policy meeting beginning on Tuesday the BOJ to buy JGBs today</a></li><li><a href="https://www.forexlive.com/news/td-say-still-plenty-of-room-for-yen-gains-see-as-low-as-120-by-the-end-of-march-20230115/" rel="follow" target="_self" class="article-link">TD say still plenty of room for yen gains, see as low as 120 by the end of March</a></li><li><a href="https://www.forexlive.com/centralbank/bank-of-japan-preview-may-be-on-the-verge-of-its-biggest-policy-change-in-decades-20230115/" rel="follow" target="_self" class="article-link">Bank of Japan preview - "may be on the verge of its biggest policy change in decades"</a></li><li><a href="https://www.forexlive.com/centralbank/the-hyenas-are-circling-the-bank-of-japan-20230116/" rel="follow" target="_self" class="article-link vertical-align-baseline">The hyenas are circling the Bank of Japan</a></li><li><a href="https://www.forexlive.com/news/10-year-jgb-yields-still-pushing-the-limit-for-now-20230116/" rel="follow" target="_self" class="article-link vertical-align-baseline">10-year JGB yields still pushing the limit for now</a></li><li><a href="https://www.forexlive.com/news/the-risks-are-skewed-towards-disappointment-for-yen-bulls-this-week-20230116/" rel="follow" target="_self" class="article-link vertical-align-baseline">The risks are skewed towards disappointment for yen bulls this week</a></li></ul><p>And, this:</p><ul><li><a href="https://www.forexlive.com/centralbank/goldman-sachs-ask-how-low-could-usdjpy-fall-if-the-boj-exit-ycc-spoiler-under-12500-20230116/" rel="follow" target="_blank" data-article-link="true" class="article-link">Goldman Sachs ask how low could USD/JPY fall if the BOJ exit YCC (spoiler, under 125.00)</a></li></ul>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Bank of Japan bids to buy 5-10yr to maturity JGBs, unlimited amount

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