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TOKYO， Feb. 3 (Xinhua) -- The Bank of Japan (BOJ) on Friday said it will buy Japanese government bonds (JGB) in a surprise operation aimed at bringing down a recent surge in JGB yields.


The emergency move may suggest the central bank is nervous about the United States' view of its monetary easing policy， particularly in light of recent remarks made by U.S. President Donald Trump accusing Japan of "playing the money markets" and deliberately manipulating the yen to the U.S.'s disadvantage.


The remarks were made while although monetary policy by the BOJ and the Finance Ministry has been designed with a weak yen in mind， Japan has still been struggling economically.


According to the latest data， the world's third-largest economy has been struggling with slumping domestic and overseas demand， falling consumer sentiment and tense capital expenditure.


Household spending， a key indicator of consumer sentiment， has also been on a predominantly downward trajectory.


This is a predicament for the BOJ and the government as they're scrambling to to reach their 2 percent inflation goal and private consumption accounts for 60 percent of Japan's GDP.


This being the fact， however， and not withstanding Japan's "quagmire-like" struggle to escape deflation， Japan has not for a long time unilaterally delved into currency markets to curb the yen's rise.


The BOJ on Friday， however， offered to buy benchmark 10-year Japanese government bonds in a special operation aimed at keeping the 10-year yield at its target of around zero percent.


"The yen might continue to weaken against the dollar after today's action，" said Masashi Murata， senior currency strategist