✉news BusinessBanking first seen 3 d ago, last 2 d ago, peak #20
Bank of Japan's Ueda keeps JGB taper plan unchanged
Original: More BoJ’s Ueda names two factors for bond market action, keeps JGB taper plan unchanged
Bank of Japan governor Kazuo Ueda addressed recent volatility in the Japanese government bond market, naming two factors behind the moves, while keeping the central bank's plan to taper its JGB purchases unchanged. Traders were watching for any adjustment to the tapering schedule, and the decision to stand pat is being weighed for what it signals about policy direction.
Why now: Bond traders and investors are reacting to the Bank of Japan's decision and Ueda's explanation of bond market volatility.
Bank of JapanKazuo UedaJapanese government bonds
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- More BoJ’s Ueda names two factors for bond market action, keeps JGB taper plan unchanged · investingLive
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