- Analytics
- News and Tools
- Market News
- BOJ offers to make massive cash injection as 10-year JGB yields spike
BOJ offers to make massive cash injection as 10-year JGB yields spike
At its daily operation, the Bank of Japan (BOJ) offered to inject massive cash into the financial markets, in a bid to counter the impact of rising long-term interest rates on the economic recovery.
Key details
“BOJ offers to pump JPY2 trillion via temporary bond buying.”
“Benchmark 10-year JGB hits 0.105%, highest since November 2021.”
“Key yield still within loose range BOJ sets around target.”
Separately, the Nikkei Asian Review reported earlier on, “the Bank of Japan's government debt holdings have fallen for the first time in 13 years as the central bank quietly adjusts its massive bond-buying program in the face of looming financial risk.”
“The BOJ's balance of Japanese government bonds totaled 521 trillion yen ($4.49 trillion) at the end of 2021, according to data released Wednesday, down 14 trillion yen from a year earlier,” the Japanese media outlet added.
Market reaction
USD/JPY was last seen trading at 115.96, down 0.12% on the day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
