It's a central bank world, and we are all just suckerfish attached to the Great Central Planning Whites, hoping for little scraps to trickle down as trillions (Yen-denominated) in bonds are monetized every day.
Below, we show the change in the BOJ balance sheet which for the first time ever just surpassed ¥100 trillion in bond holdings, increasing the various maturities of debt held from ¥91 trillion as of the end of February to ¥105 trillion as of right now [8]. Putting this number in perspective, that is roughly one-tenth of the ¥1 quadrillion in total JGBs outstanding. Furthermore, with Japan GDP at around ¥480 trillion, the BOJ now holds over 20% of the country's GDP hostage (and rising very rapidly).
Finally, the ¥13.5 trillion ($135 billion) increase in security holdings - which included the first ever monetization of 40 Year bonds for a total of ¥45 billion - was a 15% increase in total holdings in the past quarter. Expect many more such quarterly increase.
[9]
... ¥1 quadrillion here, ¥1 quadrillion there - soon we are talking a Kroogol (the imaginary amount of stimulus that would satisfy even Keynesian voodoo shaman Paul Krugman).