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27 Apr 2018
BoJ’s Kataoka: BoJ needs to buy JGBs so yield for duration of 10 yrs or longer falls further
The BoJ board member and the only dissenter Kataoka reiterated that the central bank needs to buy JGBs so yield for the duration of 10 years or longer falls further.
Additional Comments:
BoJ should clarify it will ease further if domestic factors delay achievement of price target.