Bank of Japan cuts its purchases of JGBs today - ConsultFX

Bank of Japan cuts its purchases of JGBs today

BOJ JGB buying - Buys JPY 190 bln of 10 - 25 Year JGBs in today's operation, compared to 200bn yen last time - And buys JPY 80 bln 25+ Year, compared to 90bn last time This'll be called 'tapering'. but the BOJ is targeting YCC now, not purchase amount targets so its not a shock. I'm still Copyright 2015 Forexlive.com