Japan's Ministry of Finance to Reduce 20-Year Government Bonds Supply

<p>Japan's Ministry of Finance will "front-load" the reduction in its supply of 20 year government bonds from January. </p><p>The MoF will trim back by 200bn yen of JGBs, citing a reduction in demand from investors with rising interest rates. </p><p>Info comes via a Reuters report citing unnamed sources. </p><p>—</p><p>The yen-moving news today was from the BoJ:</p><ul><li><a href="https://www.forexlive.com/centralbank/bank-of-japan-leaves-negative-rates-and-ycc-1-ceiling-rate-unchanged-20231219/" target="_blank" rel="follow" data-article-link="true">Bank of Japan leaves negative rates and YCC 1% ceiling rate unchanged</a></li></ul><p>Still to come is Ueda's news conference at 0630 GMT:</p><p>Bank of Japan Governor Ueda </p>

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