<p>The BOJ's main policy planks remain unchanged:</p><ul><li>short-term interest rate target -0.1%</li><li>10-year bond yield around 0%, but flexible up to 1%
While the focus of traders is on USDJPY (current quote 149.40) and whether the BoJ will aggressively intervene, there may be another reason for Japanese officials to resist further currency weakness.A
The People’s Bank of China injected 150 billion yuan of liquidity via its medium-term lending facility, rate unchanged at 2.85%. 150 bn of MLF matured today so its a net neutralalso injected CNY10 bil
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