Bank of Japan buys $12.7bn of bonds as yields hit highest in a decade (FT)
Japan’s central bank made unscheduled purchases of government debt on Wednesday as yields on benchmark bonds hit their highest mark in a decade, while a global market sell-off also continued to drive US Treasury yields to 16-year highs. The Bank of Japan offered to buy ¥675bn worth of Japanese government bonds at maturities between five […]
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