May 22, 2020 / 10:10 AM / 3 days ago

BOJ can keep yields from rising even if government issues more debt - governor

TOKYO, May 22 (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank’s aggressive bond buying would keep long-term interest rates low even if the government issued more debt to combat the economic fallout from the coronavirus pandemic.

“Our policy framework can keep long-term interest rates from rising even if the government increases bond issuance,” Kuroda told a news conference after holding a bilateral meeting with Finance Minister Taro Aso. (Reporting by Leika Kihara; Editing by Edmund Blair)

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