Business Aug 10, 2022
Demand for bonds is back, with BOJ no longer the only buyer in town
by Chikako Mogi and Hiroko Komiya
A pullback in bets on a Bank of Japan policy tweak resulted in record monthly purchases from overseas funds in July.
Business / Financial Markets Aug 4, 2022
Mr. JGB says markets need to prepare for BOJ buying fewer bonds
by Chikako Mogi, Sumio Ito and Yuko Takeo
The Ministry of Finance has started looking into ensuring there’s sufficient liquidity in the market, said Michio Saito, who heads the department that oversees debt issuance.
Business / Financial Markets Jul 4, 2022
Bank of Japan owns half of JGB market after huge buying to defend yield cap
The data underscores the cost the central bank is paying to keep global upward pressure on yields from pushing up Japan's borrowing costs.
Business / Financial Markets Jun 14, 2022
BOJ ramps up bond buying to defend yield cap, undermining statements
The BOJ expanded bond buying on Tuesday, and offered to increase a round of purchases across the curve on Wednesday.
Business May 14, 2022
As prices soar, Japan will issue ¥2.7 trillion in new bonds for extra budget
As a result, the total amount of new Japanese government bonds issued for the current fiscal year through next March will reach around ¥39.6 trillion.
Business / Financial Markets Feb 14, 2022
BOJ intervenes to cap Japanese yields just as havens find favor
by Chikako Mogi, Masaki Kondo and Toru Fujioka
The Bank of Japan offered to buy an unlimited amount of five to 10-year bonds at fixed rates in a bid to cap the recent rise in yields.
Business / Financial Markets Feb 11, 2022
BOJ steps in with pledge to buy unlimited 10-year JGBs at 0.25% to curb rising yields
by Leika Kihara
Inflation in the West and hawkishness from other major central banks had spurred some bets the BOJ would need to taper its monetary policy soon, pushing yields to multiyear highs.
Business / Financial Markets Jan 25, 2022
Wall of money stays put in Japan’s bonds during global turbulence
by Masaki Kondo
Japanese bonds have largely escaped the rout that has jolted other debt markets as the central bank’s ultraloose monetary policy keeps yields locked in a narrow range.
Commentary / Japan | Geoeconomic Briefing Sep 26, 2021
How Japan should make use of its ¥1 quadrillion in household savings
by Jun Mukoyama
In order to create an asset management system that meets global standards, Japan must drastically change its employment practices.
Business Jul 30, 2021
BOJ against 'unstoppable' direct finance after 2011 quake, minutes show
Masaaki Shirakawa, then-BOJ governor, warned that the central bank directly financing government spending would risk a sharp rise in inflation and undermine fiscal discipline.
Business / Financial Markets Feb 9, 2021
Global funds ditched JGBs in 2020 for first time in seven years
Overseas investors offloaded a net ¥2.79 trillion ($26.5 billion) of JGBs, the first drop since 2013, according to the latest balance-of-payments data.
Business / Financial Markets Nov 24, 2020
Big investors in Japan may be cashing in on global stock rally
by Masaki Kondo
Japanese funds have reaped a 27% return as a stimulus-fueled rally propelled global equities to a record high.