Yen rises after BOJ indicates cut in superlong bond buying
[ad_1] The yen extended gains after the Bank of Japan indicated it will reduce monthly buying of superlong government bonds, in a reminder that it may still move to cut stimulus this year.The BOJ bought ¥150 billion ($1.04 billion) of 10-to-25 year debt on Tuesday. That was the same amount as the previous purchase on Dec. 25, but given that the central bank has cut back monthly operations, this points […]