BOJ rebuffed speculation that it was engaging in "stealth tapering" - RTRS

Dhwani Mehta FXStreet

Reuters out with more details on the BOJ’s JGBs purchases, especially after BO’s board member Amamiya noted earlier that slowdown in BOJ JGB purchases is a result of guiding rates appropriately.

Key Points via Reuters:

The Bank of Japan rebuffed speculation that it was engaging in "stealth tapering"

Its reduced bond buying reflected receding upward pressure on Japanese yields from U.S. Treasuries.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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