Categories Finance

BOJ’s Takata: Long-term interest rates moving in line with state of Japan’s economy

  • Real interest rates remain negative
  • BOJ abandoned YCC so must allow markets to determine yield levels
  • But need to be vigilant to any sharp rise in market volatility
  • Does not want to comment on JGB yield levels currently
  • Hard to assess impact of Trump policies on US economy
  • But uncertainty over the outlook has waned given solid jobs growth there

Nothing that really stands out from Takata in the afternoon. You can check out his comments from earlier in the day here.

This article was written by Justin Low at www.forexlive.com.

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