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BOJ Will Continue Bond Tapering But at Slower Pace
TOKYO--Bond market participants worried about a recent rise in yields will breathe a small sigh of relief over the Bank of Japan's latest policy update. The central bank said Tuesday that it will keep winding back purchases of Japanese government debt but will do so at a slower pace next year.
The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action this year ...
The Bank of Japan has said it will move more slowly on cutting back its bond purchases as its governor warned that going too quickly could hit the stability of one of the world’s biggest debt markets.
Japan’s central bank on Tuesday said it would slow the pace of government bond purchases from April next year.
The Bank of Japan is taking a more cautious approach to reducing its balance sheet, meaning Japanese capital invested ...
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