BoJ cuts operational purchases of 3-5 year maturity JGBs

The Bank of Japan (BoJ) has quasi-tapered their purchases of 3-5 year maturity Japanese Government Bonds (JGBs) in their easing operations.
The amount of bonds purchased has been cut back from ¥330 billion to ¥300 billion, though traders should take not that the BoJ isn't dedicated to a reduction of easing measures, and could shift the numbers higher for whatever reason the central bank sees fit.
Author

Joshua Gibson
FXStreet
Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

















