TOKYO: The Bank of Japan (BoJ) will probably decide to stop reducing the amount of its government bond purchases in a plan for next fiscal year when authorities gather this month, as they eye a worrisome surge in Japanese Government Bond (JGB) yields, according to a former BoJ board member.
Since last summer, the bank has been reducing its buying of government bonds by 400 billion yen every quarter, but that process will come to a halt, former board member Makoto Sakurai said in an interview Monday.
