The Bank of Japan has started its new aggressive asset-buying program, saying it will acquire...

|By:, SA News Editor

The Bank of Japan has started its new aggressive asset-buying program, saying it will acquire ¥1T ($10.3B) of Japanese government bonds with maturities of 5-10 years, and ¥200B of bonds with maturities exceeding 10 years. The purchases are part of the BOJ's plan to inject $1.4T into the economy in under two years. The Nikkei is +2.5% and yen is -1% vs the dollar.