BOJ's Sakurai: Don't think yield moves require action for now

Further comments by BOJ board member, Makoto Sakurai

  • Bond yield moves are still within BOJ's range
  • Will continue to carefully watch yield moves

In case you missed out on the action yesterday, 10-year JGB yields threatened near three-year lows amid a tumble in global bond yields during European trading. Things are much calmer today but be mindful that we're not out of the woods just yet.

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