Japan fin min Kato says will conduct fiscal policy appropriately
A little more now (via Reuters):
Japanese Finance Minister Kato said on Tuesday that the government will conduct appropriate debt management policies while communicating closely with market participants. "It's important for the government to make efforts to ensure a variety of investors buy and own government bonds, at a time when the Bank of Japan tapers its bond purchases," Kato saidReuters reported on Monday that the government is considering buying back some super-long bonds it issued at low interest rates, on top of an expected government plan to trim issuance of super-long bonds in the wake of sharp rises in yields.Checking in on JPY, not going anywhere fast:
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