The Bank of Japan (BOJ) has taken over as the biggest owner of the nation’s stocks, with the total value of its holdings climbing above a record 45.1 trillion yen.
BOJ has also gorged on corporate bonds in their never-ending expansion of their balance sheet.
Government securities (bonds) are still their largest holdings.
The BOJ has been feasting on negative-yield bonds at 10 years and lower maturities.
Good bankers don’t, but he does.
