Against the backdrop of the speculation that the Bank of Japan will further revise its monetary policy following last month, upward pressure on interest rates is increasing. We have purchased a large amount of government bonds that are too high.
According to market officials, it will be the largest amount of purchases of Japanese government bonds in a single day by the BOJ.
In the bond market on the 12th, after the Bank of Japan revised its large-scale monetary easing measures last month and raised the upper limit of the fluctuation range of long-term interest rates, government bonds are expected to move further. Sales have spread.
There is a relationship that interest rates rise when government bonds are sold. As a result, the upward pressure on the
For this reason, the Bank of Japan purchased a large amount of long-term government bonds with a wide range of maturities from the market in order to suppress the rise in interest rates, and the total purchase amount on the 12th was 4.6144 trillion yen.
According to market officials, the amount of purchases of government bonds in a single day will be the largest ever.
The BOJ will hold its monetary policy meeting on the 17th and 18th of next week, and the focus will be on what kind of response the BOJ will take in the future as market speculation over monetary policy intensifies.