BOJ reduces JGB holdings at fastest pace in history as 10-year yield tops 3%
The Bank of Japan is reducing its Japanese government bond holdings at the fastest pace in history, with holdings falling ¥47.8 trillion in 12 months, the biggest decline since 1997, while Japan's 10-year yield has risen above 3% for the first time since 1996. Banks and insurers have not fully stepped in to replace BOJ demand.
Detected & updated continuously · Source: Nebula
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@puckrin
The BOJ once owned 54% of Japan's government bond market. Now it's walking away. Its holdings fell ¥47.8T in 12 months, the biggest decline since 1997! But there's a problmen. Banks & insurers aren't stepping in to fully replace that demand. Yields just hit 3% for the first https://t.co/YYd5ynNfcp
@coinbureau
All eyes on Nippon. The Bank of Japan is dumping Japanese government bonds at the FASTEST pace in history. The BOJ has been steadily reducing its JGB purchases since 2024, while Japan’s 10-year yield has surged above 3% for the first time since 1996. With the BOJ stepping back https://t.co/ndxbK7yLL1
@TheMoonShow
Historic pace of sales. 🚨 Bank of Japan continues reducing its bond holdings faster than at any previous point. Source: Barchart https://t.co/JoFipML9Sh