BoJ conducts second fixed rate operation this week

The Bank of Japan (BoJ) announces that It conducted the second fixed rate operation this week.

Key Details:

BoJ offers To Buy JGBs In 5-10-Yr Outright

Offers to buy 10-yr notes at 0.10pct at fixed rate operation

On the above headlines, the 10-yr JGB yields drop to 0.9% from 0.102 % while USD/JPY extends its recovery above the 111 handle.