April 5, 2013 / 1:31 AM / 5 years ago

BOJ's Kuroda: no immediate risk of bond, stock market bubbles

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.

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