TOKYO -- The share of Japanese government bonds held by the Bank of Japan has topped 50%, hitting a record high as the central bank has accelerated its government debt purchases to hold down long-term interest rates.
Inflation
Bank of Japan's government bond holdings exceed 50% of total
Central bank's debt holdings hit record high in defense of its yield cap
The Bank of Japan headquarters in Tokyo: Analysts forecast the central bank's holdings of JGBs will eventually exceed 60% of the total issued. (Photo by Akira Kodaka)
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