BOJ board member Sakurai out on the wires 1 Dec 2016
– sees no big swings in bond yields or BOJ’s JGB buying amounts
– doesn’t see big problematic distortion to Japan’s REIT market for now as a result of BOJ purchases
I would have thought that the BOJ would have been breathing a sigh of relief that their work is being done for them. They’ll be hoping the US Fed don’t let them down now.
BOJ’s Sakurai says bond yields are moving roughly in line with expectations
