Bank of Japan Governor Ueda was on the wires yesterday re rising JGB yields
Bank of Japan Governor Ueda says higher long term rates reflecting market views on economyBOJ governor Ueda: Underlying inflation still remains below 2%Bloomberg had a piece up subsequently saying
Bloomberg is gated, in brief:
Officials are determined not to step into the market unless extreme moves take place, for fear of creating thresholds for traders that would impact market functioninginvestors need to get used to a world without the central bank’s yield curve control after the program ended last yearBloomberg citing 'people familiar'.
I think the views expressed by these unnamed officials are in line with what we've been thinking in response to Ueda's comments. The BoJ will be there if needed, but conditions would have to have deteriorated markedly for them to step in.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about bank of japan officials see several reasons against intervening in the bond market was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( "Bank of Japan officials see several reasons against intervening in the bond market" )
Also on site :
- Anycubic Opens Deposits for Kobra X, Following Formnext Debut of Its Next-Generation Entry-Level Multicolor FDM Printer
- Numbrix 9 - December 26
- Southern Water accused of ‘failure’ after burst pipe leaves homes without running water on Christmas Day