BOJ has cut the amount of 25+ year JGB purchases by Y10bn to Y50bn today

Author: Eamonn Sheridan | Category: Central Banks

The previous QE operation where the Bank of Japan bought 25+ year JGBs they bought Y60bn

Trimmed that back a little at today's operation 

The quiet tiny taper continues despite the BOJ missing its inflation target. 

Yen response to these tiny tapers is minimal. Its a headline when they do, but greeted with a yawn. Which is what the BOJ likes. They are on course for continued very small tapering of policy steps. their public commentary continues to be 'powerful' easing, and I reckon anyone would be hard pressed to call it otherwise despite the tiny cuts. 
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