BOJ Is Less Than A Year Away From Running Out Of Bonds To Buy
January 17, 2023 at 15:46 PM EST
Back in 2015, the IMF was the first organization to run the math on Japan’s endless debt monetization and warned that according to a “realistic rebalancing scenario”, the the BoJ would need to taper its JGB purchases in 2017 or 2018, “given collateral needs of banks, asset-liability management constraints of insurers, and announced asset allocation […] Source