TOKYO -- A growing number of sellers are failing to deliver promised Japanese government bonds to buyers as aggressive purchasing by the Bank of Japan dries up liquidity in the market.
BOJ purchases squeeze liquidity even as outstanding balance tops $7.6tn
Throughout January, many investors speculated that the BOJ would move to shift away from its ultraloose monetary policy. © Reuters
TOKYO -- A growing number of sellers are failing to deliver promised Japanese government bonds to buyers as aggressive purchasing by the Bank of Japan dries up liquidity in the market.