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


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.

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Comments (2)
  • kypsterx
    , contributor
    Comments (13) | Send Message
     
    Looks like the beginning of debt monetization... Japan will most likely be a case study for other countries facing massive sovereign debts.
    8 Apr 2013, 07:43 AM Reply Like
  • idkmybffjill
    , contributor
    Comments (1911) | Send Message
     
    including us and most other Western nations.
    8 Apr 2013, 12:53 PM Reply Like
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