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BoJ leaves monetary policy unchanged

At its monetary policy meeting today, the Bank of Japan (BoJ) made no changes to its monetary policy settings, holding  rates  at -10bps while maintaining 10yr JGB yield target at 0.00%.

The  BoJ  vote was 7 to 2, leaving  its pledge to buy JGBs unchanged so that its holdings increase at an annual pace of around 80 trln yen.

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