In Defiance of its Peers, Bank of Japan Offers to Buy Unlimited 10-Year Bonds
Posted on 04/21/2022
The Bank of Japan (BOJ) plans to continue its ultra loose monetary policy with four days of unscheduled bond buying. The U.S. dollar hit a 20-year high against the Japanese yen as the BOJ decided to buy an unlimited amount of 10-year Japanese government bonds (JGB) at 0.25%, in its third move to defend its…
