BOJ reduces the size of its JGB purchases (by 10bn yen) today
Bank of Japan
- BOJ bought 200bn yen of 10-25 year maturity JGBs
- And bought 90bn yen of 25+ years (from 100bn yen the prior operation ... hence the reduction in the headline to the post)
It wasn't too long ago that reduction in JGB purchases had everyone screaming 'tapering!!!' and the yen rallying.
And, it did a couple of times. Now its more like zzzzzzzzzzzzzzzzzzzzzz