Japan’s top bond-trading regional bank buys JGBs after decade break (opens original article in a new tab)

Iyogin Holdings, a Japanese regional bank, has begun purchasing Japanese government bonds after a decade-long hiatus, testing the $7 trillion market with small superlong bond purchases.

• Iyogin Holdings started buying JGBs for the first time in a decade
• The bank tested the $7 trillion market with small superlong bond purchases
• CEO Kenji Miyoshi expects BOJ policy rate to rise to 1.5% by end of next year