BoJ fights of spike in JGB yields: BoJ governor Haruhiko Kuroda said the central bank will not stand idly by as Japanese government bond yields jumped in sympathy with moves in US Treasuries, taking the challenge to markets as policymakers tried to keep borrowing costs low to spur stubbornly low inflation. The BoJ offered to buy an unlimited amount of bonds at minus 0.04% in the five-year JGB notes and minus 0.09% in the two-year paper, employing a method the bank unveiled in September to achieve its new policy to control the entire yield curve, rather than just short-term interest rates. — Reuters
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