BOJ Boosts Bond Buying as Yields Advance Toward Policy Limit: Bloomberg

The BOJ said it would buy 550 billion yen ($3.8 billion) of five-10 year bonds at its regular operations, up from 500 billion yen scheduled. The move comes as Japan’s benchmark 10-year yield hit 0.245%, approaching the 0.25% upper limit of the BOJ’s tolerated trading band.

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