The QE Party Is Drying Up----Even At The Bank Of Japan

As of September 30, total assets on the Bank of Japan’s elephantine balance sheet dropped by ¥5.4 trillion ($33 billion) from a month earlier, to ¥537 trillion ($4.87 trillion). It was the fourth month-over-month decline in a series that started in December. This chart shows the month-to-month changes of the balance sheet. Despite all the volatility, the trend since mid-2016 is becoming clear:

 

 

 

https://wolfstreet.com/2018/10/08/bankof-japan-qe-taper-jgb-debt-crisis/

 

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