BOJ's Kuroda - BOJ targets Yield Curve and not the amount of bond purchases

Bank of Japan (BOJ) Governor Kuroda, while speaking at the BOJ presser, stressed that the central bank aims to keep the 10-year government bond yield near zero percent and does not target a specific amount of JGB purchases, i.e. the bank would buy more bonds when there is upward pressure on yields and vice versa. 

 

 

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