BOJ out with its JHB buying intentions for September

  • reduces 5-10year buying to JPY 300-500bln vs 350-550bln prev
  • other maturities unchanged

BOJ has committed to keeping the benchmark 10-yr JGB yield around 0% and it fell to a 4-month low this week amid the geopolitical concerns.

USDJPY unfazed at 110.48