Dollar remains steady while yen declines as JGB auction offers reassurance
Market Update: Dollar Strengthens Amid Bond Auction SINGAPORE – On Tuesday, the U.S. dollar remained steady as a successful Japanese government bond auction helped calm investors following a recent global bond selloff. The dollar gained 0.1% against the yen, reaching 155.72 yen, after the auction for 10-year Japanese government bonds showed particularly strong demand, the […]
BoJ plans to contemplate reducing JGB tapering speed by half starting in 2026
Bank of Japan Considers Slowing Purchases of Government Bonds Japanese reports indicate that the Bank of Japan (BOJ) is contemplating a reduction in its purchases of Japanese government bonds (JGBs) by about half starting in April 2026. Currently, the BOJ buys roughly 400 billion yen worth of JGBs every quarter. However, there are discussions on […]
Bank of Japan set to reduce JGB purchases, stands pat on interest rate – CNBC
The Bank of Japan is widely expected to keep interest rates unchanged at the end of its two-day meeting until June 14, 2024. Pictured is the Japanese flag flying high at the bank’s headquarters in Tokyo. Kazuhiro Nogi | AFP | Getty Images The Bank of Japan kept its policy interest rate unchanged on Friday […]