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MNI BRIEF: BOJ's Kuroda: Need To Keep 10-Year JGBs Below 0.25%

(MNI) Tokyo
TOKYO (MNI)

Bank of Japan Governor Haruhiko Kuroda said on Tuesday that if the 10-year Japanese Government Bond (JGB) yield goes above 0.25%, it will reduce the effects of easy policy and corporate appetite to implement capital investments.

Kuroda told lawmakers that the bank considers a 50 basis points 10-year interest rate range of plus/minus 0.25% is appropriate, see: MNI INSIGHT: BOJ Needs To Set The Stage For A JGB Band Review.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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