日本中央银行正在缓慢地出售其100多年来庞大的ETF持有量,以恢复正常的货币政策,市场保持稳定。 Japan's central bank is slowly selling its massive ETF holdings over 100 years to return to normal monetary policy, with markets remaining stable.

日本银行正在逐步减少其79.5万亿日元的ETF持有量,在经过数十年的侵略性干预之后,每年销售约6 200亿日元,以使政策正常化。 The Bank of Japan is gradually reducing its ¥79.5 trillion in ETF holdings, selling about 620 billion yen annually over roughly a century to normalize policy after decades of aggressive intervention. 由于日本股票迅速回升到创纪录的高点,这项旨在与传统的中央银行做法保持一致的行动引发了微小的市场滑坡,但没有发生重大混乱。 The move, aimed at aligning with traditional central banking practices, has sparked minor market dips but no major disruptions, as Japanese equities quickly rebounded to record highs. 强有力的投资者信心、公司回购、外国投资和治理改革继续支持市场,尽管政治转型和全球贸易压力带来风险。 Strong investor confidence, corporate buybacks, foreign investment, and governance reforms continue to support the market, despite risks from political transitions and global trade pressures. 分析家预计分阶段的出售将因市场需求而吸收,而更广泛的公牛市场很可能继续存在。 Analysts expect the phased sell-off to be absorbed by market demand, with the broader bull market likely to persist.