Bank of Japan outright bond purchases in January were the highest ever on record

Circa 23.6902 tln yen was the total.

Defending YCC. Expensive business …. and despite all the breathless headline chatter of policy change to come from the BOJ (mea culpa) the BOJ is showing no signs of relenting.

USD/JPY update:

usdyen boj bond ycc 01 February 2023
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