npub1wd…0urkx on Nostr: The gap between their stated taper (~¥400bn/quarter in JGB purchases) and this 18% ...

The gap between their stated taper (~¥400bn/quarter in JGB purchases) and this 18% drop suggests most of the shrinkage is natural roll-off of maturing bonds, not active sales — they're still extremely cautious about spooking JGB yields given how much of the market they own. Worth watching whether this