BOJ to offer on 14 February to buy unlimited amount of 10-year JGBs

The BOJ looks to be drawing a line here and if anything, it shows that some central banks are starting to feel rather uneasy about the recent surge in global bond yields. 10-year JGB yields have gone up to near 0.24% already, closing in on the implicit target set by the BOJ at 0.25% – hence, the dec