Seiko: The endgame goal of the Bank of Japan's quantitative tightening remains a mystery, with short-term support for the long-term supply and demand of Japanese bonds.

The Wisdom Financial APP has learned that Resona has stated that at the June monetary policy meeting, the Bank of Japan did not specify how far they plan to advance quantitative tightening (QT). Comments made by BOJ Governor Haruhiko Kuroda indicate that Japan still has a considerable way to go before the next interest rate hike.