BoJ’s Kuroda: Yields in Japan stable at a low level, one result of YCC policy

More comments flowing in from the BoJ Chief Kuroda, as he continues to speak in Parliament on the monetary policy programme.

Yields in Japan stable at a low level, one result of YCC policy.

BoJ has bought 75% of JGBs issued in FY 2017 so far.

Will struggle to keep rates low if market trust in JGBs is lost.