TOKYO -- The Bank of Japan is considering providing the dates of each month's bond-buying operations ahead of time in hopes of limiting uncertainty-induced yield gyrations, which have complicated its goal of keeping interest rates on an even keel.
Such a move, which could be implemented for next month's purchases, would make it easier for the brokerages that handle Japanese government bonds to manage their inventories. Announcing the number of operations each month in advance would also allay worries about a sudden drop-off in buying, reducing the risk of a surge in long-term interest rates.
