BoJ decision: Kuroda is set to announce the BoJ’s latest policy decision on July 31. — Bloomberg
TOKYO: The Bank of Japan (BoJ) offered to buy an unlimited amount of bonds for a second time this week, seeking to tame a yield increase spurred by speculation it may adjust its ultra-loose monetary policy. Yields and the yen pared gains.
The offer, made at 0.1% for the 5 year-10 year maturities, came after the benchmark yield reached that level for the first time in a year on Thursday. It’s down from the 0.11% level that the BoJ had offered in four previous operations for the zone.
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