In brief:
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$62,527.00
4.24%$2,429.00
5.23%$557.51
2.87%$138.94
7.30%$1.00
0.01%$0.585836
2.13%$2,426.76
5.19%$0.104414
3.76%$5.78
4.12%$0.150664
0.46%$0.348568
4.88%$26.17
12.05%$2,864.28
5.64%$62,408.00
4.10%$0.00001412
7.29%$2,428.97
5.18%$345.58
10.78%$11.20
6.68%$4.21
3.23%$6.85
4.10%$5.55
-3.09%$4.46
11.61%$65.28
2.49%$0.172196
1.56%$2,543.59
5.30%$1.54
14.35%$8.14
5.17%$1.35
15.16%$0.00000787
8.49%$6.47
11.06%$172.45
0.61%$1.002
0.12%$0.396713
4.87%$0.095467
1.85%$379.38
19.77%$18.58
5.17%$0.999058
0.05%$1.70
12.25%$39.34
3.35%$1.44
6.25%$0.081407
2.88%$145.10
6.58%$3.67
7.35%$20.82
10.68%$5.16
9.64%$0.545829
6.55%$0.591874
4.38%$0.052106
6.23%$1.58
9.33%$0.02229114
4.81%$0.640456
13.13%$4.48
7.06%$1.71
13.46%$11.07
1.07%$4.43
11.55%$2,431.39
5.32%$0.153658
11.64%$1.40
9.77%$1,541.32
5.60%$2,717.20
5.30%$6.24
18.80%$62,292.00
3.94%$0.938977
1.40%$20.03
10.68%$0.00013252
8.75%$2,532.54
5.30%$7.20
9.51%$0.00001734
6.62%$0.395853
4.59%$0.335121
23.87%$0.308486
6.92%$0.130356
6.94%$0.794428
9.62%$8.33
2.66%$72.35
2.12%$0.02059857
6.61%$48.71
5.91%$1.12
5.15%$0.647891
8.70%$1.039
6.67%$2,474.44
5.24%$0.910784
32.75%$0.975165
4.96%$2,427.04
5.11%$7.39
-2.35%$0.00000089
2.75%$0.01675314
12.50%$0.559366
6.13%$2,430.76
5.72%$0.01797386
4.18%$0.081007
9.77%$0.00779544
6.57%$0.134826
3.76%$2.34
-4.09%$0.49759
4.63%$0.01917958
6.00%$9.31
3.24%$27.07
4.63%$0.99998
0.35%$4.87
6.17%$0.01493818
5.17%$1.60
8.87%$0.997252
-0.20%$0.398705
5.63%$169.27
7.31%$9.69
6.13%$32.09
6.53%$0.670986
6.59%$0.148519
5.54%$2.64
7.55%$0.997266
0.04%$2,585.39
0.34%$0.00003221
6.30%$62,313.00
4.17%$0.0000003
4.77%$0.263156
5.65%$2,483.98
5.15%$0.234779
16.85%$0.947774
10.99%$17.81
7.03%$1.003
3.84%$3.44
7.93%$1.55
6.27%$0.465386
11.91%$2,428.69
5.17%$0.287961
5.26%$0.778199
4.38%$0.00097553
3.45%$0.055289
7.52%$2,624.11
5.51%$0.99999
0.05%$2,590.92
0.05%$4.40
13.61%$0.783652
14.71%$1.49
8.72%$1.82
5.72%$0.00008487
5.04%$31.71
6.57%$8.32
10.23%$0.247634
9.84%$0.00520195
23.08%$0.064087
5.85%$13.26
9.12%$0.0066397
11.16%$0.123161
10.83%$0.401714
7.76%$0.12931
6.29%$2,426.76
5.19%$2,426.42
5.41%$144.10
7.30%$0.548939
5.04%$0.06339
4.67%$0.390075
20.74%$0.02808872
0.08%$0.920109
15.13%$1.00
0.01%$0.061276
4.07%$1.55
8.04%$0.00000041
1.07%$0.996312
-1.22%$8.72
12.85%$155.36
5.45%$22.76
3.63%$4.00
2.31%$1.92
16.16%$44.19
5.59%$0.203884
13.13%$0.00000106
13.72%$2,429.79
5.17%$0.03961874
17.32%$0.904874
3.07%$1.003
0.33%$0.75442
3.06%$0.05447
2.97%$2,426.21
5.13%$0.00085706
1.22%$0.74406
3.90%$0.509719
7.45%$2.96
8.52%$0.005021
-2.50%$2,661.02
5.16%$1.055
-0.20%$0.0065978
5.40%$0.389409
7.17%$0.81158
1.53%$0.265387
9.84%$0.281566
6.74%$62,423.00
4.39%$0.335609
2.43%$0.00
-3.87%$2,590.31
5.11%$0.645145
11.37%$62,581.00
3.75%$20.98
5.53%$0.129728
5.78%$0.174604
9.14%$0.062627
10.78%$1.14
11.65%$0.00384838
5.44%$0.00172324
6.99%$24.93
6.05%$0.299357
0.33%$2,521.15
5.17%$0.765548
9.22%$2.25
6.66%$0.288228
6.79%$0.705412
21.96%$79.82
4.32%$0.01060073
5.80%$2.20
9.86%$0.02794206
0.63%$1.89
-1.15%$0.02740034
9.16%$0.03780825
6.93%$1,254.86
4.18%$39.62
6.54%$0.179389
4.12%$0.38964
6.30%$0.1509
9.14%$0.00078801
3.09%$0.01400918
4.91%$0.364487
3.52%$0.48173
4.60%$6,516.65
0.65%$0.305248
8.24%$0.148948
8.63%$1.46
7.97%$0.00255092
12.18%$0.233406
7.54%$0.00438287
5.29%$62,393.00
4.15%$0.108204
37.18%$2.44
23.19%$15.46
1.14%$0.01739398
4.80%$2.32
4.31%$0.02475958
5.28%$0.059968
7.41%$6.03
3.88%$1.00
0.02%$24.40
7.30%$0.083712
4.22%$0.00003428
1.80%$108.04
0.01%$0.66741
15.16%$0.02126235
5.02%$0.02260854
6.13%$2.22
2.36%The Bank of Japan (BOJ) announced another expansion of monetary stimulus today amid the coronavirus pandemic. It has removed the upper limits of government bond-buying, canceling the previously recommended annual threshold of 80 trillion yen, according to Reuters.
“The BOJ will purchase necessary amounts of government bonds without setting an upper limit to keep long-term interest rates around its 0% target,” the bank stated.
Additionally, the central bank has increased the maximum amount of corporate bonds and commercial debt it plans to buy from 7 trillion to 20 trillion yen ($186 billion).
This way, Japan’s central bank plans to keep borrowing costs low and ease economic pains caused by the pandemic.
At the same time, the BOJ has adjusted its economic forecast, predicting that inflation would likely miss its target of two percent for the next three years.
“The spread of the coronavirus at home and abroad is inflicting a severe impact on Japan’s economy. [...] The achievement of the BOJ’s 2% inflation target [...] will take time. The outlook for prices is highly uncertain,” BOJ Governor Haruhiko Kuroda stated after the policy meeting on Monday.
According to Toru Suehiro, a senior market economist at Mizuho Securities, the removal of the bond-buying limit is “like killing two birds with one stone” for the bank.
“With today’s move, the BOJ can stand pat on monetary policy for the time being void of a disruptive market move,” he noted.
As though there’s nothing unstable about flooding an economy with infinite money.
Tips
Have a news tip or inside information on a crypto, blockchain, or Web3 project? Email us at: tips@decrypt.co.