BOJ Announces Second Unscheduled Bond Buying in a Week

The video discusses the Bank of Japan's recent interventions in the financial market, focusing on their reaction function and the factors prompting these actions. It analyzes the market's response to these interventions, particularly in the context of yield rises and the dollar-yen exchange rate. The video also highlights the Ministry of Finance's role in monitoring interventions to prevent yen weakening and explores the implications of these actions on global financial pressures.

What was the key factor that prompted the Bank of Japan to intervene recently?

• A directive from the Ministry of Finance

• A change in global interest rates

• A rise in the yield by over 5 basis points

• A significant drop in the yen's value

How does the market perceive the Bank of Japan's recent interventions?

• As isolated incidents

• As a consistent trend

• As a reaction to domestic policy changes

• As a response to global pressure

What level did the yen reach that previously triggered an intervention?

• Around 150

• Around 145

• Around 143

• Around 140

What role does the Ministry of Finance play in the Bank of Japan's interventions?

• They control the foreign exchange reserves

• They decide the fiscal policy

• They monitor and potentially trigger interventions

• They set the interest rates

What is the global context mentioned in relation to the Bank of Japan's actions?

• A worldwide increase in inflation rates

• Global pressure on yields and FX markets

• Pressure from international trade agreements

• A global economic recession