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Kuroda Deepens BOJ's Outlier Status, Keeping Pressure on Yen.

Authors :
Toru Fujioka
Chikako Mogi
Source :
Bloomberg.com; 6/17/2022, p126-126, 1p
Publication Year :
2022

Abstract

(Bloomberg) -- Bank of Japan Governor Haruhiko Kuroda held firm withrock-bottom interest rates, defying an intensifying global wave ofcentral bank tightening and concentrated market pressure on the yen andgovernment bonds. Basis Trade Blowup Adds New Drama to BOJ Fight With Bond Market Late afternoon, the BOJ announced that it would carry out fixed-ratebuying operations of the cheapest-to-deliver securities, which areclosely linked to futures, for an extended period starting Monday. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
157530240