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Japan senior MoF official says interest rates will not remain low indefinitely

Japan senior MoF official says interest rates will not remain low indefinitely

Japan's Ministry of Finance financial bureau head Saito with the remarks:

  • Interest rates remain low but the current situation won't last indefinitely
  • JGB coupon rates will be decided based on prevailing market conditions
  • Striving to extend duration of JGB yields by correcting massive issuance of short-term JGBs FY2020

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This is a further indication from Japanese authorities that Change is coming from the Bank of Japan. Bank of Japan Governor Kur... Read More

Posted: Jan 10 2023, 22:48
Author Name: forexlive
Views: 110879

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