BOJ to purchase unlimited amounts of 10-year JGBs at 0.25% on 27-28 April

  • The BOJ continues to try and maintain yield curve control

That's consecutive operations again after the announcement to do so from 21 April to 26 April today. The pressure is still on 10-year JGB yields, which are knocking on the door of the BOJ's implicit yield cap ceiling of 0.25%. Yields are currently seen at 0.244%.

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