BoJ launches unlimited 10-year sovereign bond purchases

The Bank of Japan
The Bank of Japan

The Bank of Japan said it will conduct an unlimited bond purchase operation to prevent yields climbing further, as investors put pressure on its yield curve target.

The BoJ will buy unlimited quantities of 10-year government bonds at a “purchasing yield” of 0.25% on February 14. The central bank’s yield curve control policy aims to keep the 10-year yield at 0%, with a tolerance of plus or minus 25 basis points.

The past month has seen yields climb steadily, as investors increase bets that the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: