Headline comments here:
A little more now (via Reuters):
- Japanese Finance Minister Kato said on Tuesday that the government will conduct
appropriate debt management policies while communicating closely
with market participants. - Tokyo may cut super-long bond issuance and explore buybacks to manage rising yields.
-
“It’s important for the government to make efforts to ensure
a variety of investors buy and own government bonds, at a time
when the Bank of Japan tapers its bond purchases,” Kato said - Reuters reported on Monday that the government is
considering buying back some super-long bonds it issued at low
interest rates, on top of an expected government plan to trim
issuance of super-long bonds in the wake of sharp rises in
yields.
—
Checking in on JPY, not going anywhere fast:
This article was written by Eamonn Sheridan at www.forexlive.com.
