Comments by a BOJ official on the matter
- BOJ offers to buy ¥200 billion of 5 to 10-year bonds in unscheduled operation
- BOJ warning shot not doing a whole lot so far
The official also says that the central bank is to continue to make utmost efforts to stabilise financial markets. For now, that's all that central banks can just keep doing i.e. ensuring that the plumbing in the market is working.
