Kuroda says JGB volatility not hitting the real economy
The governor of the Bank of Japan (BoJ), Haruhiko Kuroda, did little to allay concerns of some market participants about the spike in volatility of Japanese government bond (JGB) yields during the past couple of months, saying the matter has little significant impact on the real economy.
Kuroda was speaking at a press conference following the BoJ's latest two-day monetary policy meeting. The BoJ said it will continue the current pace of monetary easing to increase the monetary base by ¥60–70
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