Bank of Japan bought the smallest amount of JGBs in January since June last year

The Bank of Japan said on Thursday
it bought 5.95 trillion yen ($40.6 billion) of Japanese
government bonds (JGBs) in January.

This is the smallest amount its purchased in a month since June last

The BOJ conducts bond-buying operations regularly to contain
sharp moves in JGB yields. The smaller amount is good news, at the margin, and is not impacting the yen noticeably.


USD/JPY update, not moving much during the session here:

This article was written by Eamonn Sheridan at Source