BOJ's Kuroda: no immediate risk of bond, stock market bubbles
TOKYO, April 5
TOKYO, April 5 (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday he saw no immediate risk of bubbles forming in stock and bond markets a day after the BOJ's plan to expand the monetary base pushed Japanese stocks to the highest in nearly five years and sent bond yields to record lows.
The BOJ launched a radical overhaul of monetary policy on Thursday by agreeing to inject about $1.4 trillion into the economy in less than two years in a radical gamble to end 15 years of deflation.
Trending On Reuters
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video