• SHARE

The Bank of Japan’s extraordinary bond market intervention this week has magnified the spotlight on its quarterly asset purchase plan due Thursday.

The central bank’s resolve to cap the rise in 10-year yields — seen in unlimited purchase operations Monday and Tuesday — has increased investor focus on its plans for longer-dated maturities. They lie outside the BOJ’s yield-curve control policy and remain particularly vulnerable to volatility in the global bond market.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)