Bank of Japan announces an unscheduled JGB buying operation

<p>Bank of Japan buying</p><ul><li>JPY300bn in 5 to 10 years JGBs</li><li>and 100 bn JPY in 10-25 year</li></ul><p>Part of the Bank trying to control yields (trying to drive them lower to maintain easy monetary policy).</p>

This article was written by Eamonn Sheridan at www.forexlive.com.

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