BOJ’s ¥23 trillion JGB spree sees record gains

Japanese government bonds are headed for the longest run of annual gains on record, buoyed by central bank purchases almost equivalent to Malaysia’s economic output. The bonds have returned 2.1 percent on an annualized basis in 2012, set for a ninth year of gains that’s the longest streak since at…

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BOJ’s ¥23 trillion JGB spree sees record gains

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