BOJ Unexpectedly Reaffirms Readiness To Ease Further, Buy More Stuff
February 19, 2019 at 10:18 AM EST
After bond traders remitted the most JGBs to the BOJ during Monday's rinban (POMO) operation, pushing the 10-to-25 year Offer-to-Cover ratio to 4.71, the highest in over 4 years amid investor fears that the BOJ's tapering of QE is accelerating.