Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
Gold & Silver Prices
ArticlesNewsFlowGold & Silver PricesMarket Briefing

BOJ offers four days unlimited bond-buying to defend yield cap

IMG Auteur
USA Gold
 
Published : March 31st, 2022
125 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Disclaimer

Reuters/Leika Kihara/3-28-2022

“Struggling to swim against the tide taking interest rates higher globally, the Bank of Japan staunchly defended its 0.25% yield cap on Monday by offering to buy an unlimited amount of government bonds for the first four days of this week.”

USAGOLD note: The Bank of Japan, it seems, cares not if the yen plunges. It does not have any interest whatsoever in quantitative tightening. Many wonder if the Fed will at some point be forced to take a similar route with respect to the U.S. bond market. The dollar is up 7% against the yen year date. Gold is up 15% against the yen year to date.

Gold and dollar performance in Japanese yen
(%, year to date)


Chart courtesy of TradingView.com
Read the rest of the article at USA Gold
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
error

 

 

THE REQUESTED URL IS UNCORRECT

World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
error

 

 

THE REQUESTED URL IS UNCORRECT

Gold Editorials | Gold Resource News | Gold Fundamental | Gold Discoveries and Drilling Results | Gold Exploration and drilling | Gold In the News and Medias | Gold Most Read Press Releases | List of Copper mining companies | List of Lithium mining companies | List of Lead mining companies | List of Nickel mining companies | List of Zinc mining companies | List of Gold mining companies | List of Silver mining companies | List of Platinum mining companies | List of Diamonds mining companies | 金銀市價 | सोने_की_कीमत_और_रजत | Precio del oro y plata | أسعار_الذهب_الفضة | ราคาทองคำและเงิน | gold und silberwechselkurs
Contact us Privacy policy Disclaimer About us
copyright 24hGold
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.