Japanese Finance Minister Katayama does not comment on specific bond yield levels; specific monetary tools are up to the BoJ, closely monitoring economic indicators and market situations
- Important that the government position secures market confidence.
- Will ensure fiscal sustainability to gain market trust.
- BoJ can adjust monetary policy regardless of what the government says.
- Predicts gradual increases in interest rates as the government is engaged in a proactive fiscal policy.
- Want to speed up discussions on expansion of JGB products targeting households.
#JAPAN#JPY#ASIA#FINANCE MINISTER#BOJ#FIXED INCOME#METALS#ASIAN SESSION#CENTRAL BANK#YIELD#COMMODITIES#GOLD#METALS & MINING#MATERIALS (GROUP)#ASIAN NEWS