The Bank of Japan makes emergency bond purchases to curb rising yields

The Bank of Japan added itself to the list of central banks making huge bond purchases in an effort to curb changes to the market happening as a consequence of Covid-19 outbreak.

According to QuickTake by Bloomberg:

The Bank of Japan’s bond purchases are part of several unscheduled measures aimed at reducing the economic impact of Covid-19.

QuickTake by Bloomberg YouTube Channel

What do you think? Will measures like those taken by the BOJ and the Fed in the US work to curb the problems surfaced by coronavirus? Or, will we see recession globally after the huge and sudden enforced market shocks which are unfolding around the World? Leave a moderated, public comment, below.

In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

  • a persistent new cough (non productive, dry)
  • a high temperature (e.g. head feels warm to the touch)
  • shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

5 Recent Items: COVID-19

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  • Finding True America: Residents near U.S. Fort Detrick keep silent
  • Struggle of many Kiwis to put food on the table amplified by Covid-19, social agencies say
  • In This Story: Japan

    Japan is an island country in East Asia located in the northwest Pacific Ocean. Part of the Pacific Ring of Fire, Japan comprises an archipelago of 6,852 islands covering 377,975 square kilometers (145,937 sq mi); the country’s five main islands, from north to south, are Hokkaido, Honshu, Shikoku, Kyushu, and Okinawa. Tokyo is Japan’s capital and largest city.

    Japan is divided into 47 administrative prefectures and eight traditional regions. The Greater Tokyo Area is the most populous metropolitan area in the world, with more than 37.4 million residents.

    Japan is a great power and a member of numerous international organizations, including the United Nations (since 1956), the OECD, and the G7. Japan is a leader in the automotive and electronics industries.

    4 Recent Items: Japan

  • Freezing waterfall meditation helps relieve pandemic stress in Japan
  • Japanese participate in ‘mizugyo’ purifying ritual under freezing waterfall
  • South Korean president calls for better ties with Japan
  • Ample Opportunity for Increased M&A Activity in Japan, Dalton Investments’ Ong Says
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