Bank of Japan Considers Slowing Bond Purchase Reduction

According to BlockBeats, the Bank of Japan is contemplating slowing the pace of its bond purchase reduction starting from the next fiscal year. This move aims to prevent significant disruptions in the bond market. Last month, yields on Japan's super-long-term government bonds surged to record highs, reflecting investor concerns over the country's deteriorating public finances. Sources indicate that there is no consensus within the Bank of Japan, with some officials advocating for continued intervention in the bond market and others favoring maintaining the current pace. The final decision will be made at the upcoming policy meeting on June 16-17, where the bank will assess the current reduction plan, which extends until March, and propose a subsequent plan for after April 2026.