Japan's Abe says BOJ need to be very careful about buying foreign bonds

Japanese PM Abe up to the mic again in parliament 28 March

  • foreign bond buys could be mistaken for intervention
  • will leave mon pol to BOJ

Lol. Will leave them to it but fire off a few broadsides too.

BOJ gov Kuroda:

  • no need to buy foreign bonds
  • not in a situation where we would need to buy US treasuries

USDJPY not fazed and 105.56 trading 40-70 for the moment.

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