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- BOJ offers additional emergency bond buying operation
BOJ offers additional emergency bond buying operation
Bank of Japan (BOJ) once again announced to offer an additional emergency bond-buying operation, in a desperate attempt to defend the yield target.
Key details
BOJ offers to buy unlimited amounts of 10-year JGBs at 0.25% on June 16 and 17.
BOJ to continue to conduct additional bond buying as needed taking into account market moves.
Market reaction
USD/JPY was last seen trading at 137.76, down 0.51% on the day, tracking the renewed downside in the US dollar across its major peers.
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