• Will carefully consider entering the derivatives market to buy assets such as swaps
  • Extra stimulus may come as soon as the BOJ’s next policy board meeting on April 3-4, according to Nomura Holdings Inc. and Mizuho Securities Co.

Whether such a policy could be adopted by the central bank is “not just an issue of persuading other BOJ board members, but also the technicalities in the market,” said JPMorgan’s Adachi. “If the market is very small and the intervention by the BOJ is significant enough to collapse the market, then perhaps even Kuroda will think it’s not a good idea.”

Bloomberg