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BOJ headquarters in Tokyo

Speculation emerges on BOJ's exit from credit easing

Central bank's unexpected moves cause yields to fluctuate

MAKOTO NAKANISHI, Nikkei staff writer | Japan

TOKYO -- For the fourth month in a row, the Bank of Japan has held its plans to buy Japanese government bonds steady for February, disappointing market players following unexpected moves by the central bank.

Market participants were bracing as the BOJ held off on an expected JGB purchase in late January, before suddenly increasing the amount of buying.

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