The Bank of Japan may be running out of options to change monetary policy and weaken the yen after Japan 's 20-year government bond fell below zero for the first time ever on Wednesday . TOKYO— The 30-year bond was just 0.015 % , as Japan sought safety following inflation . Further downward pressure on yields in Japan is expected , due to the anticipation the Bank of Japan will further reduce rates at its July 28 - 29 board meeting , Sumitomo Mitsui analyst Masahiro Ichikawa said .
The Bank of Japan may be running out of options to change monetary policy and weaken the yen after Japan 's 20-year government bond fell below zero for the first time ever on Wednesday . The 30-year bond was just 0.015 % , as Japan sought safety following inflation . Further downward pressure on yields in Japan is expected , due to the anticipation the Bank of Japan will further reduce rates at its July 28 - 29 board meeting , Sumitomo Mitsui analyst Masahiro Ichikawa said .