Bank of Japan buying JGBs from the market today:
- 250 bn yen in 1 – 3 yr debt
- 350 bn yen in 3 – 5 yr
- 200 bn yen in 10+yr to maturity debt
This is part of the BOJ’s easing program and is a net negative for the yen (though there are plenty of other cross-currents at work)
