This is a standard move from the BOJ every day but it underscores their commitment to capping 10-year rates at 0.25%. This is a heluva experiment they’re running and now own 65% of outstanding 10 years.
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This is a standard move from the BOJ every day but it underscores their commitment to capping 10-year rates at 0.25%. This is a heluva experiment they’re running and now own 65% of outstanding 10 years.