TODAY'S TOP STORIES

BoJ Undertakes Bond Purchases To Safeguard Yields

The Bank of Japan conducted an unscheduled bond buying operation on Thursday after the benchmark bond yields exceeded the ceiling.

The BoJ targets 10-year Japanese government bond yield of zero percent, with a cap of 0.25 percent. The central bank held bond buying operations as the yield rose to 0.255 percent on Thursday.

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by Renju Jaya

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