TOKYO -- The share of Japanese government bonds held by the Bank of Japan has topped 50% on a market value basis for the first time, new data shows, as the bank continues with large-scale purchases to maintain ultralow interest rates.
Bonds
BOJ holds over 50% of Japanese government bonds for 1st time
Central bank sticks with quantitative easing as U.S., European counterparts tighten
The Bank of Japan has continued to purchase government bonds even as the U.S. Federal Reserve and European Central Bank move to reduce their holdings. (Photo by Nozomu Ogawa)
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