Page 2 - Jun Kato News Today

The BOJ said it would buy an unlimited amount of 10-year government bonds at a fixed rate of 0.25 per cent.

THE Bank of Japan reiterated its ultra-loose monetary policy with four days of unscheduled bond buying as the widening interest rate gap with the US puts upward pressure on bond yields and weakens the yen. The move comes as Japan’s benchmark 10-year yield stayed elevated at the 0.25 percent upper…