BOJ tapering sees bond buying slow toward 70 trillion yen - BBG

Bloomberg carried an article this Monday, noting that the Bank of Japan (BOJ)  technically have retained their target for the annual increase in government bond holdings at 80 trillion yen ($699 billion), there are signs the buying may come in closer to 70 trillion yen. 

Data compiled by Bloomberg show, for the year so far, the BOJ bonding buying annualized is 71.7 trillion yen, versus 75.3 trillion over the same period last year.

Chief market economist at Nomura Securities Co, "The BOJ is not going to need to purchase 80 trillion yen to keep the yield curve under control. At some point in time they are going to drop the language on 80 trillion yen."

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