Japan Finance Minister: Won't Comment on Specific Bond Yields, Monetary Tools BOJ's Prerogative
Japan's Finance Minister Katayama stated he will not comment on specific bond yield levels, acknowledged that the ruling party is adjusting wording in the economic blueprint, and emphasized that specific monetary tools remain the BOJ's prerogative.
Finance Minister Katayama declined to comment on specific bond yield levels, while acknowledging that the ruling party is adjusting wording in the economic blueprint. He stressed that specific monetary policy tools remain the exclusive prerogative of the Bank of Japan (BOJ).
Source: First Squawk