The Bank of Japan has boosted its provisions for JGB losses – braced for higher rates

Bank of Japan info comes via Japanese media, Nikkei (gated):

• The Bank of Japan has set aside the maximum provisions for losses on
  bond transactions
• a sign of how the central bank is preparing for
  rising interest rates
• For fiscal 2024, the
  BOJ raised the level of provisions to 100% for the first time, Nikkei
  has learned

Bank of Japan Governor Ueda

This article was written by Eamonn Sheridan at www.forexlive.com.