Free Trial

MNI BRIEF: Markets To Determine Long-term Rates - BOJ's Ueda

(MNI) Tokyo
(MNI) TOKYO

BOJ's Governor discusses long-term rates.

Bank of Japan Governor Kazuo Ueda said on Tuesday that markets will determine long-term interest rates but the Bank will prevent them from surging.

Ueda told lawmakers that the BOJ will conduct daily operations to prevent surges in a flexible manner should long-term interest rates rise sharply.

Keep reading...Show less
133 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Bank of Japan Governor Kazuo Ueda said on Tuesday that markets will determine long-term interest rates but the Bank will prevent them from surging.

Ueda told lawmakers that the BOJ will conduct daily operations to prevent surges in a flexible manner should long-term interest rates rise sharply.

Keep reading...Show less