Markets brace for cut to BOJ's super-long bond buying
The Bank of Japan could take another key step toward diminishing its huge presence in the bond market next week, when it releases its bond-buying plan for the second quarter that may include a cut in the size of super-long bond purchases, analysts say. Under a quantitative tightening (QT) programme laid out in July, the BOJ has been slowing bond purchases by around 400 billion yen ($2.65 billion) per quarter to halve monthly purchases to 3 trillion yen by March 2026. But it has refrained from reducing purchases of super-long government bonds as it focused on tapering other maturities, particularly the benchmark 10-year notes it has amassed during a massive stimulus programme that ended in March last year.